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


To: Jibacoa who wrote (930)5/30/2007 12:17:50 AM
From: Hawkmoon  Respond to of 1011
 
The shares that I am still long, I bought at less than $0.20/shr before the RS & the cost is < $0.00 if I take into account some the extra trading profits, so I can afford to wait.<g>

Yeah.. been saying the same thing.. but I really hate to have my trading capital tied up waiting for this thing to bottom.

I just can't help but compare AKAM and INAP and wonder why the latter isn't receiving more respect from the street:

finance.yahoo.com

finance.yahoo.com

I think the charge in the most recent quarter has quite a few people misled into believing INAP's profitability is in question and that just isn't the case.

But G-S having added to their position by 400%, along with the poison pill, indicates to me there is interest to buyout the company, if the price is right.

Hawk



To: Jibacoa who wrote (930)5/30/2007 3:58:31 PM
From: Hawkmoon  Read Replies (1) | Respond to of 1011
 
Cya in 31 days.. I sold out today.. Better things to do with my capital and minus a private equity firm, or some other acquisition, I'll have time, IMO, to repurchase them at a price probably only a few dollars higher.

The weekly and monthly charts are going to take some time to readjust and bottom out:

bigcharts.marketwatch.com

bigcharts.marketwatch.com

Hawk