IP Democracy: Let Navisite's Investors Know What's Going On
Update: My plan is to land at Logan Airport tomorrow at 10:33 or so and grab a rental car and head out to Andover. One person affected by this outage, a web reseller, has wonderfully asked to come along and I could use the company. If anybody else wants to meet in Boston for the ride to Andover, let me know (please email msbrumfield@gmail.com given that our new email service is Microsoft Exchange-based and this is all new to me.)
As I strategize for my trip to Andover (I still can't believe I've been reduced to begging for my site files, in person, and am trying to figure out how to leave today and not tomorrow morning), I'm posting information for all the people whose sites are still down due to Navisite's (Nasdaq: Navi) unbelievable mismanagement of the Alabanza server migration.
It's clear that Navisite isn't going to bring in the right technical help until it feels so much heat that it has to. To my amazement, the mainstream press still hasn't picked up on this story and I can only wonder the heck is going on. (Kudos to Karl at BroadbandReports, Dan Goodin at The Register, and Web Hosting Industry News for stumbling onto this story.) I keep hoping that the New York Times or Wall Street Journal, or, even better, CNET or TechWeek, will discover that tens of thousands of people are trapped by Navisite's five-day outage and can practically do nothing but watch their businesses go up in smoke.
Once that happens, Navisite's investors will send a potent signal to the company to clean up its act. In the meantime, all any of us can do is continue to put pressure on the company. It may not help, but here's a list of Navisite's top investors. Call or email (or in a few cases, send snail mail) to make sure they know what's going at Navisite and how the precipitous loss of customers and revenues are damaging their investments.
| Top Institutional Investors in Navisite | ||
|---|---|---|
| Institution Name | Shs Held | Contact Information |
| Janus Capital Management LLC | 3,515,845 | institutional@janusintech.com |
| RS Investments | 1,515,959 | funds@RSinvestments.com |
| Tremblant Capital Group | 998,056 | 767 Fifth Avenue, Floor 12A, New York, New York 10153 |
| Delaware Investments | 956,700 | 215-255-1200 |
| Essex Investment Management Co., L.L.C. | 714,488 | info@essexinvest.com |
| Federated Investors, Inc. | 670,773 | 1-800-432-5119 |
| Cortina Asset Management L.L.C. | 484,371 | (414) 225-7399 |
| Neuberger Berman, LLC | 472,100 | Eric Johnson 399 Park Avenue (5th Floor) New York, NY 10022 |
| Thomson Horstmann & Bryant, Inc. | 450,800 | (201) 368-2770 gburrell@thbinc.com |
| Credit Suisse Securities (USA) LLC | 437,757 | +41 44 333 11 11 |
| Wellington Management Company, LLP | 322,860 | +1-617-951-5000, info@wellington.com |
| Sterling Johnston Capital Management, L.P. | 268,700 | info@sterlingjohnston.com, (415) 477-2300 |
| Baron Capital Management, Inc. | 232,500 | info@baronfunds.com 212-583-2000 |
| Ridgecrest Investment Management, L.L.C. | 220,000 | 973-544-6970, kaushal@ridgewoodgrp.com |
| Caxton Associates, L.L.C. | 205,945 | (609) 419-1800 |
Posted by Cynthia Brumfield on November 6, 2007 2:17 PM to IP Democracy