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Technology Stocks : Internap Network Services Corporation

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To: TheStockFairy who wrote (380)	3/26/2002 3:47:14 PM
From: Jibacoa	Read Replies (1) of 1011

Well, INAP's L in April last year was $0.77 and the move to $3.40 in June provided a return of 342% in just a couple of months.<g> Today it seems that it is finding a bottom at the $0.78 level.<g> It has recently announced new deals with U.S Telebrokers,U.S. Micro,World Telecom, VeriSign,Speakeasy, Telseon and Trinity Network Solutions among others.<g> The CEO of U.S.Telebrokers recently stated: "Internap's ability to provide one-hop access to the largest Internet backbones through a single connection to one of Internap's Service Points is a winning value proposition we can bring to our customers." "As companies increasingly use the Internet as an integrated network with voice and video, the kind of service quality that Internap offers will become more important." The last Q loss was only $0.19 and it seems INAP is making the right moves to become cash flow positive. It is likely that buying again at present levels will provide an even better result than last year.<g> siliconinvestor.com The R/R seems very appealing at this levels.<g> siliconinvestor.com siliconinvestor.com Bernard

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