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.

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

To: Jibacoa who wrote (431)	8/5/2002 1:09:37 PM
From: Czechsinthemail	Read Replies (1) \| Respond to of 1011

Merrill's position is now close to 5% of INAP shares. Evidently they saw something in INAP they like. While many are obsessed with the possibility of delisting or a reverse split to avoid delisting, I think smart money has been buying based on the combination of value and continuing improvement. Often a cynical complacency and a fatalistic view that the stock simply can't move up are the signs of a bottom. Particularly with the stock so cheap, I think the risk/reward potentials looks excellent. Here is more on Merrill's purchase of INAP: post.messages.yahoo.com