Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: Jibacoa who wrote (10853)	4/18/2002 10:52:01 AM
From: James Strauss	Read Replies (1) \| Respond to of 13094

INAP... Bernard: The 13 day MA sits at .70... That's where it draws the line... bigcharts.marketwatch.com If it stays above the 13 day MA we could see tests in the .90 and 1.00 area soon... Jim

To: Jibacoa who wrote (10853)	4/22/2002 8:54:41 AM
From: nokomis	Read Replies (1) \| Respond to of 13094

I've followed INAP for years and traded it many times with success. I'm going to get some today, especially with a weak market, although it probably will move independently :-)

To: Jibacoa who wrote (10853)	4/23/2002 5:22:13 PM
From: Jibacoa	Respond to of 13094

INAP The earnings report after the market close today came GOOD as expected.<g> biz.yahoo.com Some highlights: They added 142 revenue-producing customers during the first quarter. Including American Airlines, Aramark, CMS Energy, Compaq Computer, McKinsey & Co., Morningstar and The Economist Group. And among those that are awaiting installation are Charles Schwab, DHL Worldwide Express and Southwest Airlines. Cash on hand was $64.7 million as of March 31, 2002. The use of cash in the quarter was $17.6 million, a reduction of 46 percent from the preceding quarter. No question that they are cutting down their burn rate.<g> Their margin during the 1st Q improved to 26 %, compared to 20% during the 4th Q. EBITDA losses were reduced by nearly 30% compared to the preceding quarter and by 72% since the first quarter of last year. That seems like a good % cut.<g> Revenues per employee on an annualized basis increased for the fourth consecutive quarter. The number of EBITDA positive Metro Markets increased to 5 in the 1st Q, compared to 4 in the preceding Q. AND (THIS IS IMPORTANT <g>) Collectively, the domestic Metro Markets turned EBITDA positive during the first quarter. Their "PrivatePath", a fully managed virtual private network (VPN)service was launched in February. Combined with VeriSign's managed firewall it provides customers with a cost-effective and secure private network solution. In April they received independent validation that the metrics supporting the company's SLA are accurate and reliable. This certification by Gomez Advisors further strengthens their industry-leading SLA. In April they began offering its intelligent routing services in Phoenix and installed its first customer, a Fortune 500 manufacturer. Because of their mature footprint, little incremental expense was required. And last but not least.<g> For their coming 2nd Q they are projecting a sequential increase in revenues, EBITDA losses in the range of $6.0 to $8.0 million, and cash use in the range of $14.0 to $16.0 M.( The "cash on hand" was $64.7 million as of March 31, 2002.) INAP is trading after hours at 0.75.<g> Will see if it can close above the nearest resistance at 0.84 tomorrow.<g> siliconinvestor.com I am still looking for it to get back to the $5 level before year's end.<g> Bernard