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

To: Jibacoa who wrote (680)	12/26/2003 10:50:10 AM
From: lazarre	Respond to of 1011

sold 40% of my position at my 2.50 target. Very powerful words from Tobin. But you gotta play the spikes sometimes. The ongoing contreversey to the the timing of VOIP deployment is, imo, whaT'S keeping investors on the sidelines. So far AT & T is the only one talking with bucks; the RBOCs are just releasing PRs. lazarre

To: Jibacoa who wrote (680)	12/26/2003 12:27:31 PM
From: Ken W	Read Replies (1) \| Respond to of 1011

Bernard INAP's up gap makes for a new trading opportunity at 2.15. On your NGEN chart (long term) I like alot. There may be some resistance in the 12 to 14 range, but 16 to 18 looks doable over the next 6 months or so. Rememeber this is just a technical outlook. FA can change things in a heart beat. LOL Ken

To: Jibacoa who wrote (680)	12/26/2003 3:05:30 PM
From: dawgfan2000	Respond to of 1011

I'd like to know where Tobin is seeing that kind of revenue growth... >>They are now cash flow positive, growing revenues at a higher rate each quarter, and should see revenues of $250 million a year by the end of 2004.<< That's a bold revenue prediction for 2004. Looks like INAP is on track for $136MM in '03 if the Q4 holds like the last 5 quarters. That $136MM compares with $117MM in '01, and $132MM in '02. YOY for '02 and '03 looks to be about $4-5 MM (if the Q4 stays on track like the last 4, coming in at $34MM.) finance.yahoo.com INAP shows most of its profit growth through revenue cost reductions (the sale of some of their real estate and P-NAP's??) They show a lot of customer growth, but why is that not filtering down to the revenue line? IF they do secure some of these large telephone customers, there should be some revenue growth appearing. But $2500MM, almost double what they are at now, sounds prosperous at best. I am still long, but cautious about some of the balance sheet numbers.