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Technology Stocks : Internap Network Services Corporation

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To: Jibacoa who wrote (543)	1/14/2003 11:28:39 AM
From: Jibacoa	Read Replies (1) of 1011

The stock has continued yesterday's up-move although is finding some resistance at the $0.59 level.<g> It needs to close above its December 12 H of $0.62 for the chart to start looking much better. The reported earnings for the Q ended Sept.30 showed a decrease of close to $7.753M in the quarterly loss from the June Q. (In spite of $319K less in "total revenues" and $8.863M more in "cost of revenue" that left it with $9.182M less in "gross profits", there were $15.96M less in "Selling and Administrative Expenses" so there were $7.753M less in its quarterly loss.<g>) siliconinvestor.com Bernard

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