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Technology Stocks : Internap Network Services Corporation

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To: Dave B who wrote (596)	6/8/2003 9:25:13 PM
From: Jibacoa	Read Replies (1) of 1011

This interview with Greg Peters, INAP CEO was made on Friday. It is very interesting and should be heard by anyone who has an interest on INAP. You need to register, but it is easy and free to do so (Only need your e-mail and a pasword). Real One Player or Windows Media Player to listen. CEOcast - Where Wall Street Listens ceocast.com Main points of the interview: Company has 15 consecutive Q's of growth Only company in the industry to offer connectivity guarantee. The company can route cleaner than major players. Proactive with customers they usually notify customers about network problems. If a customer calls the company it will be answered by a human on the 2 ring. Revenue last year was 132 million with 13% growth while the competition saw single digit decreases. Margins more than doubled last year from 16% to 46% today. Have written off real estate obligations. They have no long term debt. Partnership with Cisco & ISS Blue chip customers in different vertical markets. Online stock trading a. NASDAQ.com b. Ameritrade c. Datek d. Schwab. e. others Travel Industry a. All major airlines b. Portals: Obitz, travelocity, hotwire Online Commerce a. Walmart.com b. ebay.com c. Amazon.com Media a. Reuters b. AP Associated Press c. New Yorker D. Economist Growth in VPN with companies such as Disney. Company went public in 1999 Greg came aboard in April 2002 New management team with 20-24 years in the industRy. They came from companies such as AT&T Sprint Covad and GE. Moved company to Atlanta to better reach customers, partners and talent pool. The company has re-start post bubble. Coming Q's you should see rationalization of players in our space.

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