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Technology Stocks : Internap Network Services Corporation
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To: Jibacoa who wrote (388)5/7/2002 12:23:13 AM
From: Dave B  Read Replies (2) of 1011
 
Jibacoa,

I wouldn't loose any sleep about Internap losing customers. They are not losing customers to other providers because no one comes close to the value they provide. It's just companies going out of business.

Actually, this is the one statistic that I find a little disconcerting about INAP. The customer list is certainly a blue chip list, but if I read the last earnings release correctly (going from memory now), they added about 150 customers in the quarter, but the grand total only went up a little over 50. That means they lost about 100 other customers somewhere (roughly 10% of the total).

Hopefully I'm misremembering.

Dave
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