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Technology Stocks : Internap Network Services Corporation

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To: Dave B who wrote (857)	6/23/2006 1:03:23 PM
From: Hawkmoon	Read Replies (2) of 1011

What's your view on the 1-10 RS? I was personally hoping for a 1-5, which would have maintained some liquidity that institutions normally like (68 million shares available to trade, rather than 34 million, and a lower price to boot), while providing upside potential based upon increasing earnings).. But maybe 34 million outstanding might be just as attracitive to the institutional side? Btw, NICE hammer formation put in this morning after the dropped it to 1.10/share. Went right back up to 1.20/share... Hopefully, this is indicative of institutional support and higher prices down the road. Hawk

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