Tuesday, January 29, 2013

Investors Ignore Data Center Firms Spending Problems


Has a leading data center firm finally seen the stock stall after a strong year of gains? Equinix (NASDAQ: EQIX) now trades at a phenomenal 67x forward earnings yet investors apparently can’t get enough of the stock with it up 120% since the start of 2012.

While the stock surged to a multi-year high last week, the data center firm continues to spend more on capital expenditures than operations more »


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