Business Model Changing, But Internet Tsunami Lives
When Akamai Technologies gave weaker-than-expected guidance last week, the stock lost 15 percent of its value in less than 24 hours. The company said it delivered a bleak outlook because it is about to enter a seasonally weak period. On Monday, LimeLight Networks delivered positive earnings results, but also warned of seasonality.
It seems these companies are changing their business model, Cramer said Monday. They are becoming more advertising-oriented, which tends to be seasonal. Cramer likes LimeLight, though, and wanted to learn more about its quarter, the seasonality and its future prospects. Check out the video to see his conversation with CEO Jeff Lunsford.
Call Cramer: 1-800-743-CNBC
Questions for Cramer? firstname.lastname@example.org
Questions, comments, suggestions for the Mad Money Web site? email@example.com