“Hey Mom I made the team!” – I could almost hear Jeff Lunsford and Art Becker call home when they found out they made the NASDAQ team.The team is the new NASDAQ Internet Index (Launched November 27), consists of 94 firms including heavyweights such as InfoSpace, TheStreet.com, SAVVIS and, oh did I fail to mention Google and Yahoo. Of course the team includes Lunsford’s Limelight (LLNW) and Becker’s NaviSite (NAVI). Playing with the big boys.From a WHIR perspective the Index is a bit heavy with “marketing” firms. But looking at the landscape there are really few “generally” pure public hosting firms. So team (this is my broker side talking) we need more acquisitions! Build larger firms and make more money. I have been preaching the message of leverage for years. Public firms, liquidity, bank debt. Never pay the tax man, let his money work for you.So while I expect some comment about NaviSite and a few stumblings, they did make the team.
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About Tom Millitzer
I am an M&A guy. I sell Hosting Companies. I want you to fulfill your dreams. If you are building your company or exiting for success...I want help you grow rich.
I started NCC International in 1994, we represented our first hosting company in 1997. NCC has completed over 400 assignments. If you are considering buying or selling you need to know me. I do not bite.
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