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Parallels Hosting Summit 2008 Video Feedback
Wed, 28 May 2008 22:30:00 -0500
WHIRtv was on location in Washington, DC last week covering Parallel's third annual hosting summit, which, we've been told, had the largest attendance yet.
We chatted with a number of different companies while at the event, which we will be posting in the following weeks, as well as with the ever-opinionated industry leader Serguei Beloussov, CEO of Parallels. Stay tuned for that later this week.
In the meantime, here's a look at what some of the exhibitors and attendees thought of this year's Parallel's Hosting Summit and the value they found in attending this annual event.
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Hostican.com
Dialpoint Stock Soars after Two Key Hosting - Telecom AcquisitionsMon, 04 Feb 2008 19:47:00 -0400
I noticed that Dialpoint Communications Corp (OTCBB: DLPC) completed two acquisitions in January;
The first: Acquisition of Hostigation (Timothy Flavin), an asset transaction where the owners accepted 333,334 shares of Dialpoint stock. This stock has already increased 5 to 20 times (depending how you interpret the agreements) since the deal was inked.
The second: Acquisition of Brian's Computer Center, the press release stated “…the Company will issue unregistered shares of its common stock equal in the amount of 107,843 shares. The certificates representing the shares of common stock will bear restrictive legends.”
Dialpoint has a market cap of $38.6 million.
Am I impressed? Peeling back the onion...
- Dialpoint has 13.3 million shares outstanding - thats a lot.
- The Hostingation deal has a value of $50,000 at closing...a tiny deal
- The Brian’s Computer deal value looks like it was $170,000...another tiny deal.
- The stock increased from $0.51 on 1-17-08 to $2.90 today...thats a big gain.
- Dialpoint President Billy Radford ownes 11.25 million shares...Can you say $32.6 million?
- Over the last two weeks an average of 3,000 shares/day were traded...why bother.
If this was a deal put before one of my clients I would highly suggest we conduct extensive due-diligence prior to accepting a deal like this.
In these deals there is NO cash. The sellers probably cannot be liquid for at least 12 months, and with the current float it would be extreamly hard to sell the shares.
If you are selling your business I would tell you only to take stock as a small percentage from firms that are similiar to Dialpoint. The stock should be the upside - not the whole banana.
Other than the press releases and a couple of SEC docs I could find out almost nothing about Dialpoint. I will however admit they have been very successful in getting thousands of these two press releases pasted all over the Internet.
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New Commerce Communications
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In Case You've Read Otherwise, SmugMug Still Loves S3Mon, 12 Mar 2007 17:01:00 -0400
Last Thursday night, I came across this SearchStorage.com article via the Storagezilla blog. Beth Pariseau wrote that Amazon's Simple Storage Service (S3) has had "performance and reliability issues serious enough" to prompt second thoughts among early adopters. In particular, SmugMug CEO Don MacAskill recently decided to move hot storage back in-house.
The instant I finishing reading the article, my RSS reader lit up with Don's response. He still loves Amazon, even if S3 hasn't solved the "speed of light problem". It takes at least 60-80ms for bytes of data to travel the distance between SmugMug's west coast location and Amazon's east coast data center. There's no getting around that. He moved hot storage closer to his web servers NOT to solve Amazon's performance problems, but to reduce those thousands of miles to inches. Don also tracked down the Storagezilla post and added a comment there.
Fast forward to this morning, when someone sent me a snippet from a Tier 1 Research news brief in which Dan Golding wrote about Amazon's disillusioned users. I gave Dan a hard time for basing his article on the same two customers Beth interviewed without giving her credit. Dan argued that attribution isn't customary in the analyst world. Besides, we shouldn't even be having this conversation. As a non-subscriber, I should have deleted any T1R content that came my way upon receipt.
Ironically, during his HostingCon presentation last year, T1R founder Andy Schoepfer's key message was "don't be an island". It's important for web hosting providers to connect customers to external ecosystems like eBay and Amazon, because no e-business can thrive in isolation. Given T1R's Hosting 2.0 advocacy, Dan's reaction seemed... Analyst 1.0-ish. But towards the end of our conversation, he did promise that an upgrade is on the way. As a point of reference, Burton Group, Dan's former employer, has a great blog that links to external sources. Same goes for Forrester. And at least 220 other research firms, including T1R parent company The 451 Group. Raven Zachary, who leads 451's open source practice, is even on Twitter!
Anyway, I'll get off my soapbox now and back to Amazon. I think every web hosting exec needs to read Don's blog post - along with Robert Cichon's post on customer satisfaction metrics. Robert said a hosting provider has done a good job if (a) the company gets written testimonials, (b) customers refer other customers because they're happy with service quality, and (c) customers defend the company against negative remarks. Amazon gets three points based on Don's reaction. What's your score?
SolutionBase: Enterprise-ready Process Automation with InterleaveFeb 14, 2008 11:53 AM PST
With Interleave, the Linux community has a tracking system as powerful as any Windows offering. And equally as simple to install. And reliable. And user-friendly. Jack Wallen shows how it works.
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