I brought in at 1.55. Honestly im not surpised this went crazy....

I brought in at 1.55. Honestly im not surpised this went crazy. Beven slattery is at the helm of this company. A very sucessful CEO. Slattery built up iseek and sold it off then more recently built up PipeNetworks and sold it off to tpg. Pipenetworks floated in 06? i think at an ipo price of 40c it was sold to tpg this year for $6.30. Essentially

Pipenetworks started exactely the same as nextDC by building and leasing out space in carrier nuteral facilities. From all accounts Beven had an excellent working relations with the customers.

The attraction to pipe from most customers was that pipe was indipendent of anyone provider and happy to deal with all providers. However I believe since now they have been purchased by TPG they lose that advantage. At the end of the day who wants to buy services of you competor (thats why they all hate telstra).

I suspect alot of the pipenetwork customers will simple moved across and NEXTdc will become PIPE2. Pipe had record growth I think a lot of people are realising this very quickly. Remember this is such a small cap stock and they havn't yet got any infustructure in place imagine where the shares will go once they are up and running and can produce good results.