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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ken W who wrote (28959)	8/22/2002 1:32:37 PM
From: Jibacoa	Read Replies (2) of 29382

I know Bernard likes the company so it must have some potential. Ken, thanks for the compliment.<g> Apparently some other people think it has potential.(See the list of "Institutional Holders", albeit it is somewhat outdated, but still in March Mass.Fincl.Serv, was holding more than 14 million shares, Morgan Stanley was holding more than 8 million shares, Merrill Lynch was recently listed as holding 5 million shares and just this week a 13D was filed for some people that are holding more than 8 million shares.I don't think there are too many "penny stocks" with that kind of Institutional Holdings.(I have less than 200K myself.<g>) biz.yahoo.com They have a division in Japan. internap.co.jp In the past, they have matched their "guidanace". In May they announced a restructuring of its capital equipment lease obligations that will significantly reduce cash burn and reaffirmed its projection for EBITDA break-even by the 4th Q of 20002. The revenues have been increasing and they have been trimming their loss. yahoo.marketguide.com The stock is down somewhat from its February 2000 H of 111 <g> and it needs to close above the resistance at 0.22 in order to test the July 16 H at 0.38, but that would be a 100% gain from present levels and the R/R (IMHO.<g>) seems favorable. siliconinvestor.com siliconinvestor.com siliconinvestor.com siliconinvestor.com RAGL Bernard

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