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


To: Jerry Whlan who wrote (390)5/7/2002 1:31:52 AM
From: Dave B  Respond to of 1011
 
Jerry,

Thanks for the update.

Dave



To: Jerry Whlan who wrote (390)5/7/2002 8:36:18 PM
From: Dave B  Read Replies (2) | Respond to of 1011
 
Jerry,

Just got an e-mail from INAP pointing to a PDF file on their website (Q1 2002 In Review). Here's the customer counts by quarter for the last year. As you can see, the number of customers added in the last four quarters is 603, but the total number of customers has only increased by 287. That's a loss rate of >50%, and even with dot-com blow-ups, etc. it seems like a fairly high loss rate.


Q1 ‘02 Q4 ’01 Q3 ’01 Q2 ’01 Q1 ’01
New Customer Additions 142 150 167 144 127
Total Customers 1,014 974 894 783 727


Dave