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

To: John McDonald who wrote (670)	12/12/2003 11:26:11 AM
From: Jibacoa	Respond to of 1011

Q for all... where can we reasonable hope/expect INAP's stock price to go in the next 12 mths/ 24 mths? Will this ever be a $10 stock? Well, that question is an easy one to answer.<g> Most meteorologists base their reasonable hope/expect weather reports on current atmospheric trends and previous history. That is how they can tell for instance not only if its going to rain tomorrow,but how many hurricanes we can expect next Summer. So if we apply the same reasonable hope/expect scientific method to predict INAP's price 12 months from now and take its present momentum, (lets see from $0.40 on January 3 to the $2.62 H on December 3 that is a 555% trend <g>)so if the stock can close at $2.20 on Wednesday December 31 then we can expect...(lets see 2.20 x 5= 11) about $11 some time in 2004. Now if we look at one of INAP's monthly charts and try to determine its EMA 180 that's about 13.03 bigcharts.marketwatch.com Now that you have two different methods to make a reasonable hope/expect projection, make your choice and let me know what your scientific based opinion is.<g> Bernard

To: John McDonald who wrote (670)	12/12/2003 11:54:04 AM
From: Jibacoa	Respond to of 1011

Another way to try to answer your question. (3rd reasonable hope/expect method <g>)Since the stock is now on an UPTREND. Draw a trendline connecting each L to the Hs since July, or all the Hs and see where extending those lines will intersect at the future time you are interested in.(The same inverse method could be applied while the stock was on a DOWNTREND until the "trend" reversed.<g> ) stockcharts.com[w,a]waclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G Let me now what your result was.<g> Bernard