{"id":115,"date":"2006-11-11T23:10:16","date_gmt":"2006-11-12T04:10:16","guid":{"rendered":"https:\/\/vitaluna.net\/wordpress\/?p=115"},"modified":"2006-11-11T23:10:16","modified_gmt":"2006-11-12T04:10:16","slug":"a-moment-to-savour-if-you-will","status":"publish","type":"post","link":"https:\/\/vitaluna.net\/?p=115","title":{"rendered":"A moment to savour, if you will…."},"content":{"rendered":"

…my triumphant stock market win that I finally cashed out on last week. It’s especially important to note since I’m the financial equivalent of a New Orleans-style hurricane, sucking up everything in proximity with little regard for those around me.
\nI bought Akamai Technologies six years ago, at $9.53 USD\/share. I watched it dwindle to under a dollar in that time (and bemoaned being too poor to buy more stock — stupid lazy self-employed knob), as the market performed a falling-on-the-sword en masse. Akamai was, even then, in the aftermath of the dot-com bust, a smart buy, IMHO. They spent scads of money developing their infrastructure in the early years, when they could burn money non-stop, and no one apparently cared.
\nBut, in 2001, there were a few things that happened that twigged me, and made me hold on to the stock; firstly, CEO Paul Sagan took a pay cut. Sounds inconsequential, but in an era of excesses and proverbial rats abandoning ship, this was a strong indicator that this guy wanted to stay there, regardless of what it took. Second was the securing of major customers, and the triumph of Akamai on Sept. 11, 2001. When sites around the globe crumbled under the weight of the lust for information that day, sites hosted by Akamai stood tall, because of the basis of their business model of distributed content<\/a>.
\nThe ultimate in tragic irony is that the man who developed the concept for the company, which was what kept information flowing that day, was one of the passengers<\/a> on AA flight 11, which hit the WTC.
\nAnyways, for the purpose of shortsighted provincial child care funding, we needed to sell our shares in Akamai. I sold Monday at $50.13 a share. For the math challenged, including me, is a profit of $40.60 USD a share.
\nNow, if only EXTR<\/a> and SIRI<\/a> would get their butts in shape…..<\/p>\n","protected":false},"excerpt":{"rendered":"

…my triumphant stock market win that I finally cashed out on last week. It’s especially important to note since I’m the financial equivalent of a New Orleans-style hurricane, sucking up everything in proximity with little regard for those around me. I bought Akamai Technologies six years ago, at $9.53 USD\/share. I watched it dwindle to… Continue reading A moment to savour, if you will….<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-115","post","type-post","status-publish","format-standard","hentry","category-lincoln","entry"],"_links":{"self":[{"href":"https:\/\/vitaluna.net\/index.php?rest_route=\/wp\/v2\/posts\/115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vitaluna.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vitaluna.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vitaluna.net\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/vitaluna.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=115"}],"version-history":[{"count":0,"href":"https:\/\/vitaluna.net\/index.php?rest_route=\/wp\/v2\/posts\/115\/revisions"}],"wp:attachment":[{"href":"https:\/\/vitaluna.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vitaluna.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vitaluna.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}