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Technology Stocks : Internap Network Services Corporation

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To: dawgfan2000 who wrote (711)1/19/2004 7:21:58 PM
From: Curt Whitaker  Read Replies (1) of 1011
 
It's very likely they want the funds to acquire companies in targeted areas of expansion (per their SEC filings) like Europe and Asia.

As some have calculated, the average revenue per client is only around $9.5K per month or so, which is paltry for Fortune 500 companies. Look for that metric to rise sharply once viability is no longer an issue (FCF). Big companies who have been using other providers along with INAP will have the evidence needed to drop the other "backup" providers. It will rise further with VOIP penetration.

After this dilution, the balance sheet will be pretty clean, FCF, and clear sailing ahead, IMO.
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