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Technology Stocks : Internap Network Services Corporation
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To: Dave B who wrote (389)5/7/2002 1:19:30 AM
From: Jerry Whlan  Read Replies (2) of 1011
 
I think those numbers are in the general ballpark, but maybe over a period of a year instead of a quarter. On the conference call they talked about a churn rate of about 2%. They also mentioned that almost invariably, the customers that leave Internap do so for reasons unrelated to the service - most commonly that the client has run out of money and is cutting back on quality of internet connection in order to preserve cash.

They also made a comment, which I don't remember too clearly, about a lot of the companies that have left Internap don't exist anymore.
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