Monday June 23, 2014
Rackspace RAX is hte start up success sory of San Antonio. BUt success atracts competition. And that is coming from big boys with deep pockets like Google and possibly Amazon. And so the stock price has dropped from its all time high of 80 to the low 30. RAX has hired J P Morgan to help with well strategic issues.
Here is another company with lots of issues to illustrate what we will discuss in discussing equity in ACCT 3310.
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