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Technology Stocks : Internap Network Services Corporation

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To: Tom Shutters who wrote (846)	5/26/2006 10:06:30 AM
From: Hawkmoon	of 1011

Internap turning up everywhere. Yep... I think we finally have a winner here.. DeBlasio seems to be a pretty hard-hitting and confident CEO. I listened to him on the conference call and really like his manner and "matter of fact" demeanor. He exudes credibility, but performance will be the gauge by which his credibility is measured. This reverse split is an interesting situation. Some are speculating that it will drive the stock even higher as mutual funds will be able to gain entree into the shares when they meet their price thresholds. Normally I'm very wary of RS's, but when a company has earnings to back them up, as well the evident growth potential in an important market niche, then we may see it as a launching point to higher prices. Could be an interesting trading day for IIP. As I look at my real time chart, it appears to be ready for a retest of 1.21 resistance. And if it penetrates that, then 1.25-1.30/share, where the next major resistance lies. Hawk

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