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Technology Stocks : Internap Network Services Corporation

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To: Curt Whitaker who wrote (775)9/1/2004 4:22:46 PM
From: TheStockFairy  Read Replies (1) of 1011
 
"Internap’s net loss was $4.0 million for the second quarter of 2004, or $0.01 per share, compared to a net loss of $10.0 million, or $0.06 per share, for the second quarter of 2003. The Company ended the quarter with $65.8 million in cash. "

So, I guess your largest issue is profitability and rasing additional funds after you spend your available money on paying down debt?

CapEx is going to be focused on enhancing and replacing their 5-10 year old equipment and expanding their colocation facilities, can't grow without space or dust filled routers.

Here's to hoping that that truck you are backing up doesn't crush your cyber penis.
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