1-2 $ heue Rebound möglich????
Cogent Communications Group Shares Plunged: What You Need to Know
Down $15.30 $-3.51 (-18.66%)
on My Watchlist
Quelle :
www.fool.com/investing/general/2012/01/20/...nged-what-yo.aspx
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Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Internet company Cogent Communications (Nasdaq: CCOI ) fell 19% today after one of its customers was shut down by the Feds.
So what: Megaupload.com was raided and shut down by the FBI in a crackdown of copyright infringement. According to the Department of Justice Megaupload leased about 36 servers from Cogent and paid the company about $1 million per month for its services.
Now what: Analysts say the company provided 2% to 3% of Cogent’s revenue and first quarter revenue could decline as a result of today's shut-down. Considering the relatively small slice of revenue the drop looks pretty extreme for Cogent's shares. I think they'll bounce back when we get more answers and see today as a nice buying opportunity.
Cogent Communications Group Shares Plunged: What You Need to Know
Down $15.30 $-3.51 (-18.66%)
on My Watchlist
Quelle :
www.fool.com/investing/general/2012/01/20/...nged-what-yo.aspx
The single, easiest way to keep track of all the stocks that matter...
Your own personalized stock watchlist!
It's a 100% FREE Motley Fool service...
Click Here Now
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Internet company Cogent Communications (Nasdaq: CCOI ) fell 19% today after one of its customers was shut down by the Feds.
So what: Megaupload.com was raided and shut down by the FBI in a crackdown of copyright infringement. According to the Department of Justice Megaupload leased about 36 servers from Cogent and paid the company about $1 million per month for its services.
Now what: Analysts say the company provided 2% to 3% of Cogent’s revenue and first quarter revenue could decline as a result of today's shut-down. Considering the relatively small slice of revenue the drop looks pretty extreme for Cogent's shares. I think they'll bounce back when we get more answers and see today as a nice buying opportunity.