F5 Networks, Inc. (NASDAQ:FFIV)
The Company is a provider of application delivery networking products that improves the performance, availability and security of applications running on networks that use the Internet Protocol.
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Recs
Lots of cash; no debt; rapidly rising revenue and earnings. Let's see what happens.
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This is a great Internet security company that has managed to stay afloat during good and bad times..
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This is a great Internet security company and just released its updated equipment which should be a blockbuster. The stock is volatile, but has 33% market share, ahead of CSCO's 30%, plus it has a better system. EXTREMELY consistent earnings and sales growth.
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Great growth and management. Buyout target.
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Why? because WR Hambrecht + Co said so.
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Top player in a large and expanding market space. No debt, sharp management vision & execution.
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Application Acceleration has gone through a rough patch over the last few quarters, while customers digest all the acquisitions made by CSCO, CTXS, and JNPR, among others.
This is a HOT space, due to the meteoric rise in content and data flow over networks. AKAM avoided the rough patch, because they are a service provider. As the dust settles, I expect buyer activity to reaccelerate in the appliance side of things (FFIV, CTXS, JNPR, CSCO, RVBD, etc). FFIV is the leader and the best way top play this trend.
Recs
Once F5 gets through its options mess, it will get back on track. Look for 55/share by this tim enext year.
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