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Technology Stocks : Internap Network Services Corporation -- Ignore unavailable to you. Want to Upgrade?


To: the_bull_canary who wrote (343)5/15/2001 1:06:49 AM
From: Jibacoa  Respond to of 1011
 
I am afraid that you don't have the latest news.<g>

SEATTLE, May 14 /PRNewswire/ -- Internap Network Services (Nasdaq: INAP - news), the leading provider of intelligent routing services over the Internet, announced today that it is launching a Channel Partner Program to expand its services into strategically important businesses.

biz.yahoo.com



To: the_bull_canary who wrote (343)5/16/2001 12:20:41 AM
From: the_bull_canary  Read Replies (1) | Respond to of 1011
 
Tell me something good....

The 10Q is not pretty. Total revenues don't even cover costs of network and customer support: $28m to $37m respectively. In three months, total assets have been halved. Two more quarters like this and the company is out of business. If they get $200m they last a year at this rate. This is just a cursory review of the 10Q. I'm long the stock and this is my opinion only. I'm still waiting for someone to tell me something good.

the bull canary