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Technology Stocks : Internap Network Services Corporation
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To: Hawkmoon who wrote (867)7/11/2006 11:52:19 AM
From: jonesie4jonesie   of 1011
 
Exactly hawkmoon.

I'm watching IIP to see how a going-profitable company trades after a reverse split. I'm in another stock, sram.ob, in a similar situation, supposed to have gone profitable in June (not the whole 2Q, just the tail end of it) and says they should be profitable the rest of the year. A reverse split (exact ratios unknown at this time) was approved at the recent AGM, and hopefully it won't be done until profitability is securely established as well.

Nice move today in IIP so far! :)

jonesie
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