Comments on: One of the companies I founded goes public today – RAX Rackspace http://www.richardyoo.com/blog/2008/08/08/one-of-the-companies-i-founded-goes-public-today-rax-rackspace/ The Thoughts of a Technologist Tue, 24 Aug 2010 15:47:30 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: xaq http://www.richardyoo.com/blog/2008/08/08/one-of-the-companies-i-founded-goes-public-today-rax-rackspace/comment-page-1/#comment-12406 xaq Fri, 08 Aug 2008 20:32:04 +0000 http://www.richardyoo.com/blog/2008/08/08/one-of-the-companies-i-founded-goes-public-today-rax-rackspace/#comment-12406 lol, well you obviously did too - or you wouldn't have left ;) - if it weren't for you and pouya that place woulda burned to the ground long ago - it was a sad day when you guys left for sure... Pouya leaving was the last straw for me - we're all on to bigger and better things though ;) Funny though, I sold my shares at almost a dollar higher than close today, and that was 4 months ago... I do think it will go up, but it's going to be a slow and gradual checked growth, but before it does that I expect it to dip into the 8.50-9.25 range before earnings come out again. -X lol, well you obviously did too – or you wouldn’t have left ;) – if it weren’t for you and pouya that place woulda burned to the ground long ago – it was a sad day when you guys left for sure… Pouya leaving was the last straw for me – we’re all on to bigger and better things though ;)

Funny though, I sold my shares at almost a dollar higher than close today, and that was 4 months ago… I do think it will go up, but it’s going to be a slow and gradual checked growth, but before it does that I expect it to dip into the 8.50-9.25 range before earnings come out again.

-X

]]> By: Richard Yoo http://www.richardyoo.com/blog/2008/08/08/one-of-the-companies-i-founded-goes-public-today-rax-rackspace/comment-page-1/#comment-12405 Richard Yoo Fri, 08 Aug 2008 20:01:30 +0000 http://www.richardyoo.com/blog/2008/08/08/one-of-the-companies-i-founded-goes-public-today-rax-rackspace/#comment-12405 xaq - clearly, the market agrees with you. :) xaq – clearly, the market agrees with you. :)

]]> By: xaq http://www.richardyoo.com/blog/2008/08/08/one-of-the-companies-i-founded-goes-public-today-rax-rackspace/comment-page-1/#comment-12404 xaq Fri, 08 Aug 2008 19:41:42 +0000 http://www.richardyoo.com/blog/2008/08/08/one-of-the-companies-i-founded-goes-public-today-rax-rackspace/#comment-12404 yeah but unfortunately it was kind of a flop - the PE numbers are terrible... I thin kit will end up doing well but even at 10$ it's over valued - it wil close below 10$ today which i think is closer to a proper valuation... yeah but unfortunately it was kind of a flop – the PE numbers are terrible… I thin kit will end up doing well but even at 10$ it’s over valued – it wil close below 10$ today which i think is closer to a proper valuation…

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