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Technology Stocks : Internap Network Services Corporation

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To: the_bull_canary who wrote (343)5/16/2001 12:20:41 AM
From: the_bull_canary  Read Replies (1) of 1011
 
Tell me something good....

The 10Q is not pretty. Total revenues don't even cover costs of network and customer support: $28m to $37m respectively. In three months, total assets have been halved. Two more quarters like this and the company is out of business. If they get $200m they last a year at this rate. This is just a cursory review of the 10Q. I'm long the stock and this is my opinion only. I'm still waiting for someone to tell me something good.

the bull canary
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