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Technology Stocks : Internap Network Services Corporation

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To: Jibacoa who wrote (463)	8/29/2002 4:03:09 PM
From: Jibacoa	Read Replies (1) of 1011

Here is another comment about INAP: INAP Trading Higher On Strong Volume Ridgeland, MS, AUG 29, 2002 (EventX/Knobias.com via COMTEX) -- Shares of InterNAP Network Services Corporations (NasdaqNM:INAP) are trading $0.08 or 40% higher in the session at this time, on volume that is 98% greater than its 20-day average daily share volume. The company issued a press release yesterday to announce that In-Stat/MDR has listed INAP as the eighth largest business ISP by access revenue. According to the release, the ranking was published this month in a report by analyst Daryl Schoolar. The stock is trading higher than three of four moving averages, and at a level slightly higher than near term technical upside price resistance at $0.27, as calculated by Knobias technical analysis. On the daily chart, my data (P,S,M,L) are at present: 0.30; 0.22; 0.19 & 0.23 (The L is still above) But on the 60 minutes chart the data is now: 0.30; 0.27; 0.25 & 0.21 (All on the right sequence.<g>) siliconinvestor.com siliconinvestor.com siliconinvestor.com An on this month (August) it has been performing better than the DOW & the NAZ. siliconinvestor.com Bernard

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