INSP Investors Research Message Board

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Microcap & Penny Stocks : INSP Investors Research

INSP 117.19

+30.4%

Nov 24 3:59 PM EST

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To: michaele23 who wrote (539)	4/25/2002 9:28:31 AM
From: Dan Hamilton	Read Replies (2) of 787

My quick take... Positives: While revenues are not "taking off like a rocket", INSP did show revenue growth of about 5.5% sequentially Q over Q. Hopefully the bottom is in for them. New wireless carrier wins show there is confidence and value in INSP's offerings, reinforced by an expanded relationship with AT&T. Merchant services showed strong growth of 33% in transactions and 30% in dollar value, Q over Q. Last Q over Q also had strong growth, 33% in transactions and 44% in dollar volume (higher likely due to Christmas). Cash reserves still provide a margin of comfort in this economy, and have allowed for flexibility in picking up certain assets at bargain basement prices. Negatives: Cash burn does continue, $18 million this quarter. Jain continues to sell shares, albeit with transparent regularity. No mention in this press release of last quarters' prime goal of cash flow breakeven in 2002. They have reverted to listing "active" wireless subscribers in this press release, instead of total subs. Translation: inconsequential growth in wireless subs. Conclusion: Headed in the right direction, but patience is still definitely required.

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