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Technology Stocks : Internap Network Services Corporation

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To: MJ who wrote (813)	3/22/2006 8:09:20 AM
From: Hawkmoon	Read Replies (1) of 1011

Perhaps that is why so I can be a fellow "bagholder". lol Yeah.. Bought my first shares around 1.75/share, blatantly ignoring (to my portfolios peril) the "dead cross" as the 20 Week MA moved beneath the 50 Week MA. Really couldn't believe that the stop traded below $1/share for so long, so I bought some more last year figuring it was due for a bounce. But jeezus.. I almost began to think it was NEVER going to penetrate .50 share again. So the question is where does it go now? Can it penetrate $2/share, or is the company a buy out situation? One issue at hand is that we might be seeing the VOIP and VOD markets finally warming up as Verizon and the other major Telcom players enter into Cable's arena. There should never have been a barrier between having Cable and Telcoms compete, since voice and data services are merging into one protocol (packets). So I give it a strong buy up until $2/share. I'm hoping to see it consolidate around .85/share first and solidify the chart first and then make a second attempt at closing above $1/share. But I may not get it. Hawk

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