Mr. Grozovsky: My outlook is positive as well. We cover Equinix (EQIX) in the space. I think the fundamentals of the industry have improved pretty much quarter after quarter. We see pricing continue to improve, utilization rates continue to be high, new facilities, in terms of expansion, continues and the expansion gets filled very quickly. So all cylinders are firing.
TWST: Please talk more about some of those components, utilization rates in
particular.
Mr. Grozovsky: As new facilities open, the companies aren't having any problem
filling the spaces and maintaining, and even improving pricing. So that tells me
there is a tremendous demand for what they are selling.
TWST: Are they keeping up with that demand?
Mr. Grozovsky: Yes, you've seen Equinix raise more money and maintain a fairly
aggressive global expansion plan over the past several years, and it continues.
They are keeping up with it. It's still ongoing.
Tickers included in this excerpt: EQIX, SOXC, SVVS
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