Battle Road Research Helps Investors Earn a 41% Return on Akamai

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Tue Apr 6, 2010 8:37am EDT

Case Study Highlights Signals other Analysts Ignored
WALTHAM, Mass.--(Business Wire)--
Battle Road Research (www.battleroad.com), an independent equity research firm,
will present a case study on its contrarian research call on Akamai
Technologies(NASDAQ: AKAM) at the Investorside conference in New York City on
Tuesday, April 6th. The presentation, entitled, Cloud Computing Cast Away? - The
Curious Case of Akamai, will showcase Battle Road`s unique research process,
which helped its clients achieve a 41 percent return on their Akamai investment.


"We are gratified to present our case study on Akamai at this year`s
Investorside Conference," said Battle Road president, Ben Z. Rose. "Battle Road
analyst Matthew Galinko will show how investor concerns about Akamai were
exaggerated at the time that he upgraded the stock. Matthew`s industry
assessment and financial analysis helped our clients earn a 41 percent return on
their investment over a nine month period." 

Battle Road Research software and internet analyst Matthew Galinko raised his
rating on Akamai from HOLD to BUY on June 15, 2009, at a share price of $22.50,
when Akamai was out-of-favor among the 20 Wall Street analysts who researched
the stock. At the time, Wall Street analysts were focused on impending
competition from AT&T and Level 3 Communications. Galinko would argue in six
research reports over nine months that Akamai`s growing strength in cloud
computing was not appreciated by investors and other analysts researching the
stock. Moreover, Galinko maintained that Akamai`s low valuation could not be
sustained given underlying trends in internet consumption. Akamai is also the
second-best performing stock in Battle Road`s Tech Index, which may be viewed at
www.battleroadblog.com. 

Battle Road`s Rose continued, "Although Akamai is followed by more than 20
research companies, some of these firms perform investment banking or other
services for Akamai-an undeniable conflict of interest. Battle Road clients can
rely on the fact that we do not receive compensation from any company that we
research. Not now, not ever." 

About Battle Road Research:

Battle Road Research (www.battleroad.com), an equity research firm, serves fund
managers and analysts with an independent voice on technology, health science,
solar power, and education stocks. Battle Road analysts place an equal weight on
industry and securities analysis in an effort to seek out stocks to buy and
stocks to avoid. Battle Road presents its research conclusions in a straight
forward Buy, Hold, Sell format. As a matter of principle, Battle Road Research
refrains from investment banking, company-paid reports, and personal investment
in stocks that we research. Visit us on the web at www.battleroad.com, and
www.battleroadblog.com.

Battle Road Research
David Arcaro, 781-894-0705, ext. 203
david@battleroad.com

Copyright Business Wire 2010

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