That 30-percent run Limelight Networks enjoyed since Cramer’s Sept. 29 recommendation came to a quick stop—a reversal, in fact—after the company reported earnings on Friday. Cramer wanted a powwow with the CEO to find out what’s wrong.
Remember, Limelight operates its own video-delivery network for the Web. In a world of ever-growing bandwidth problems in, this company offers a private service by which you get the content you need without any lags, buffering or other slowdowns. A perfect example? Netflix . Every time you stream a video over Netflix, it is Limelight’s network that guarantees a smooth viewing experience.
You’d think given where the Internet, and video viewing on the Net, is going, Limelight would have continued its march upward. But maybe not? Maybe Cramer was wrong about this one? Hopefully Chief Executive Jeff Lunsford can offer some answers. Watch the video for the full interview.
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