"I think they're commodities and I want you to stay away from them." "'Mad Money Lightning Round': Take a Ride on Union Pacific," 6-12-09

The company's officers and directors have recently been dipping into their wallets to purchase company stock.

Company directors Scott Kriens, Chris Paisley and Michael Stark purchased shares of the company in February. The troika bought a collective 181,000 shares in February. The insider buying continued this month as two more directors picked up shares for a total of about $2.2 million. In addition, Crosslink Capital, a key shareholder, has recently bought over $20 million in stock.

Shares of Equinix have lost nearly half their value since November as investors have moved to quickly dump high-priced stocks. To be sure, Equinix was quite expensive at the peak, trading for roughly 7 times projected 2008 sales.

Then again, you can see why the stock had been pushed to startling highs: Equinix has been on a remarkable growth spurt, thanks to surging demand for its data center services. In a nutshell, Equinix hosts many of the Web servers that power leading Web sites, and also provides a high degree of interconnections between those sites.

In the December quarter, Equinix boosted sales a hefty 46% to $138.7 million. Sales are expected to exceed $150 million in the current quarter, and management believes that they will grow at least 30% on a full-year basis to around $650 million. Sales growth should be augmented by a pair of recent acquisitions in the Netherlands and the U.K.

Merriman Curhan Ford upgraded its rating for Equinix in February to neutral from buy, citing the recent selloff. Wachovia upgraded its rating to outperform from market perform, saying that the company's key performance metrics (sales pipeline, backlog and bookings) continue to exhibit signs of strong growth.

Analysts note that the company is benefiting from favorable industry dynamics, as demand for Web interconnection services continues to grow at a fast rate. Deutsche Bank analysts, in citing their $120 price target, note that customer demand for new co-location space continues to surpass supply across the industry.

As noted earlier, shares of Equinix now sport much more reasonable valuations. Along with the analyst upgrades, the recent insider purchases are a positive sign.

The company's officers and directors have recently been dipping into their wallets to purchase company stock.

Company directors Scott Kriens, Chris Paisley and Michael Stark purchased shares of the company in February. The troika bought a collective 181,000 shares in February. The insider buying continued this month as two more directors picked up shares for a total of about $2.2 million. In addition, Crosslink Capital, a key shareholder, has recently bought over $20 million in stock.

Shares of Equinix have lost nearly half their value since November as investors have moved to quickly dump high-priced stocks. To be sure, Equinix was quite expensive at the peak, trading for roughly 7 times projected 2008 sales.

Then again, you can see why the stock had been pushed to startling highs: Equinix has been on a remarkable growth spurt, thanks to surging demand for its data center services. In a nutshell, Equinix hosts many of the Web servers that power leading Web sites, and also provides a high degree of interconnections between those sites.

In the December quarter, Equinix boosted sales a hefty 46% to $138.7 million. Sales are expected to exceed $150 million in the current quarter, and management believes that they will grow at least 30% on a full-year basis to around $650 million. Sales growth should be augmented by a pair of recent acquisitions in the Netherlands and the U.K.

Merriman Curhan Ford upgraded its rating for Equinix in February to neutral from buy, citing the recent selloff. Wachovia upgraded its rating to outperform from market perform, saying that the company's key performance metrics (sales pipeline, backlog and bookings) continue to exhibit signs of strong growth.

Analysts note that the company is benefiting from favorable industry dynamics, as demand for Web interconnection services continues to grow at a fast rate. Deutsche Bank analysts, in citing their $120 price target, note that customer demand for new co-location space continues to surpass supply across the industry.

As noted earlier, shares of Equinix now sport much more reasonable valuations. Along with the analyst upgrades, the recent insider purchases are a positive sign.

recd from buy out of dog recommended by a "friend"

recd from buy out of dog recommended by a "friend"

Needham said it is upgrading Equinix (EQIX) to a Buy rating on improving fundamentals and potential upside from acquisition. Target upped to $115.

Equinix said it now expects second quarter revenue of USD 90.0 million.The company' s previous guidance was of USD 88.0 million to 89.0 million and the current consensus estimate isrevenue of USD 88.4 million for the quarter ending june 30,2007.