Home » Stocks » Bull Case Scenario for Rackspace. Do we love Cloud Computing Yet? $RAX

Bull Case Scenario for Rackspace. Do we love Cloud Computing Yet? $RAX

Rackspace has many customers who can logically be converted to cloud computing. They have recently hired Morgan Stanley to look at strategic alternatives which should help boost stock price. Maybe Amazon will buy them to get a leg up. Maybe HP will buy them to block Amazon. Auction time.

Rackspace has done well with high touch customers and has very little turnover which means customers are happy.

NASA technology called OpenStack is being utilized to develop a dominant niche in Cloud Computing. Rackspace seems well ahead on this point.

George Gutowski writes from a  caveat emptor perspective.

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