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In case you haven’t ever heard of Limelight Networks, it is the content delivery network behind a lot of Web 2.0 applications. They serve everything from video to podcasts and games, on the corporate level.

Limelight Networks just announced Thursday that it will be going public, raising up to $201 million in the initial public offering on Nasdaq. The symbol will be LLNW. This just couple months after mySQL announced their plans.

One of my favorite broadcasts, IT Conversations, is powered by Limelight (and they graciously throw that into every single podcast..). I don’t have the numbers associated with IT Conversations in terms of number of downloads or streaming but I do know it is significant.

The company prides itself on being a rich media-content delivery provider who lets their providers concentrate on the aspect of producing rather than worrying about server space. The system is highly scalable and has multiple distribution centers around the world.

I am looking forward to this public offering. I haven’t done much research on Limelight’s financials, but it is clear that content needs to be served on the web. Video, podcasts, and other rich media files aren’t going away. This is one I would keep an eye on.

Thanks to mashable for the tip.

Lately, I have gotten back into investing a bit. About 6 years ago, I invested $50-60 a week into an investment account, built it up to a pretty healthy sum, and traded into a couple mid and large cap stocks. Nothing extraordinary.

About a week ago, I logged back into the account to see how the prices were. Much to my surprise (after a couple years of not thinking about it!), the valuation had almost doubled!

I have been surfing around a bit trying to do some current research on the market, so I can actually make some informed decisions, when I chanced upon the term “Forex trading.”

In snooping around a bit, forex trading is a non-stop cash market where currencies of nations are traded. Rather than deal in stocks and bonds, why not trade currency?

This prompted me on a little hunt to find out more about the market. It turns out that the currency has incredible opportunity, but can be pretty volatile. There are the standard risk factors which need to be considered, but it seems like something that is worthwhile to a risk taker.

I was actually recruited to do a sponsored post by ITradeAllDay.com.  The site seems pretty informative in terms of learning how to trade forex once you get past the stock WordPress theme. If you can make your way through that, there is quite a bit of good content!

I just came across this note in which the Banc of America Securities rates Yahoo at a ‘buy’ with a target price of $34.

The interesting thing is the support for the statement:

In a research note published yesterday, the analysts’ mention that the company has recently formed a strategic partnership with a consortium of 176 local newspaper sites for content, classified advertising online, graphical and search. The launch of the Panama project and access to a large reader base through the newspaper sites are likely to boost local ad inventory for Yahoo!’s Publisher Network, the analysts say. The company’s online ad revenues are expected to increase from $3.4 billion in 2006 to $12.4 billion by 2010E, Banc of America Securities adds.

Might be worth a look!  They are currently at about $29 but they are up 5 percent today..

Reference: newratings.com