This is definitely and untapped market for investors, as Full Internet Solutions Providers either didn't exist, or were eclipsed by the TelComm giants (aging dinosaurs in my opinion). Now with players emerging, and a new market opening up, a new competition to become the leader in this industry, begins.
Reports are that Rackspace's quick growth, may be their Achilles Heal, as they struggle to maintain their services (both product and customer services) with the same level of quality as when they first launched. Not a good sign for investors, not to mention the frustration and resentment from customers that will arise. Seems to be a repetition of what the large TelComms have been providing/failing at for the last few years.
Forget about Rackspace's IPO offering. I'd invest in a Canadian Company with already a World Footprint - PEER1 Network, ahead of Rackspace in many ways, offering a multitude of solutions for the small, medium, and large business markets, and truly interested in helping clients grow to fill their own business requirements.
Their Network, has recently undergone a complete upgrade to the new 10GB/OC192, providing the highest bandwidth possible.
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Reports are that Rackspace's quick growth, may be their Achilles Heal, as they struggle to maintain their services (both product and customer services) with the same level of quality as when they first launched. Not a good sign for investors, not to mention the frustration and resentment from customers that will arise. Seems to be a repetition of what the large TelComms have been providing/failing at for the last few years.
Forget about Rackspace's IPO offering. I'd invest in a Canadian Company with already a World Footprint - PEER1 Network, ahead of Rackspace in many ways, offering a multitude of solutions for the small, medium, and large business markets, and truly interested in helping clients grow to fill their own business requirements.
Their Network, has recently undergone a complete upgrade to the new 10GB/OC192, providing the highest bandwidth possible.
Listed on the Toronto Stock Exchange under PIX(PIX:TSX), I recommend investing here instead.
Check them out:
www.peer1.com
www.serverbeach.com
www.peer1.com/investor...
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