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Technology Stocks : Internap Network Services Corporation

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To: Hawkmoon who wrote (928)	5/29/2007 11:42:07 PM
From: Jibacoa	Read Replies (2) of 1011

Does this portend a bottom being put in place around $15/share psychological support level? The next couple of weeks will tell. Yes, will see if today's dip below the $15 level is corrected again tomorrow. It seems that some of the recent insiders sales were from people from VitalStream that decided to take profits. From a TA standpoint, the 1st support is at the Oct L of $14.10 & then the Sep H at $13.10 I would like to see it down to last Summer's L around the $9 level, since then it would be at a very good level to add.<g> The shares that I am still long, I bought at less than $0.20/shr before the RS & the cost is < $0.00 if I take into account some the extra trading profits, so I can afford to wait.<g> I don't know why Thomson's estimates for 2007 & 2008 are down in spite of Jim DeBiasio optimistic outlook on his letter to shareholders in the Annual Report "Play to Win" "OUR TIME IS NOW" At any rate, Thomson's estimate for 2008 although less than previous, it is about double the 2006 earnings.<g> Bernard

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