Shelter Capital co-founder Brian Kelly has long liked Rackspace. He is a little concerned about the competition, though. Amazon.com , Google and Salesforce.com , for example, could easily take market share. But he thinks Rackspace has value proposition through its customer support.
Patty Edwards of Trutina Financial agreed, adding businesses might go to Rackspace because its services allow cost savings to a certain extent.
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Trader Disclosures for Oct. 18, 2011:
Weiss owns RIMM
Weiss owns KO
Weiss owns EUO
Ilczyszyn owns ZSL
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