Friday, November 19, 2010

Hedge Fund Lone Pine Capital Buys EQIX

from www.gurufocus.com:

>>Added: Equinix Inc. (EQIX)

Steve Mandel added to his holdings in Equinix Inc. by 92.66%. His purchase prices were between $78.57 and $103.31, with an estimated average price of $91.5. The impact to his portfolio due to this purchase was 1.44%. His holdings were 3,336,520 shares as of 09/30/2010.

Equinix designs, builds and operates neutral Internet Business Exchangecenters where Internet businesses place their equipment and their network facilities in order to interconnect with each other. Equinix Inc. has a market cap of $3.71 billion; its shares were traded at around $81.38 with a P/E ratio of 61.7 and P/S ratio of 4.2.

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