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$4.84 -0.06 (-1.22%)
5/16/2008 4:00 PM

Internap Network Services (INAP)

CAPS Rating:
***

The Company markets products and services that optimize the performance and reliability of strategic business Internet applications for e-commerce, customer relationship management, multimedia streaming, VoIP, VPNs and supply chain management.

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Internap Network Services At A Glance

Current Price: $4.84
Last Trade Time: 5/16/2008 4:00 PM
Open: $4.97
Previous Close: $4.90
Daily Range: $4.72 - $5.00
52-Week Range: $3.63 - $17.18
Volume: 480,571
Market Cap: $247.06M
P/E Ratio: 30.62
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Stock Trends

INAP VS S&P 500 (SPY)

INAP 12 month chart vs. S&P

News & Discussion Boards

Sorry no news articles available for INAP.

Top Bull Pitch

Recs

3

Internap Network Services (INAP)

Avatar iChristopher (93.40) Submitted: 1/25/08 2:14 PM

There's one company now you can sign up and you can get a movie delivered to your house daily by delivery service. Okay. And currently it comes to your house, it gets put in the mail box when you get home and you change your order but you pay for that, right.

But this service is now going to go thr...More

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Top Bear Pitch

Recs

2

Internap Network Services (INAP)

Avatar msamet1 (98.85) Submitted: 3/07/07 10:46 AM

poor performance since IPO; recent reverse splits have done nothing to increase per share value

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CAPS Players

picks per page. CHANGE

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Recs

0

 (INAP)

Avatar rcarbone1 (81.25) Submitted: 5/13/08 10:07 PM : Outperform Start Price: $4.65 INAP Score: 2.91

If it wasn't for $11 mill in one-time restructuring charges last year they would have been profitable; despite the enormous dilution, i prefer that management exercises all their options in a market downturn than kill the momentum on an upswing, which is what just happened; added a third business segment last year that had good margins and began with pretty good volume--marketing expenses probably rose sharply last year to bolster the launch of this and should flatten out going forward; all and all i think the stock has had its clock turned back several years but it offers good growth prospects to get in now

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Recs

0

 (INAP)

Avatar mysoftballcoach (58.64) Submitted: 5/08/08 12:34 PM : Underperform Start Price: $4.50 INAP Score: -5.22

INAP management continues to engorge themselves with company stock and dilute away any and all potential profits.

A quick look at the revenue picture:

March 31, 08 = 62,053

Dec 31, 07 = $61,636......+0.7%

March 31, 07 = $53,534.....+15.9%

Now a look at stock based compensation

March 31, 08 = $2,375

Dec 31, 07 = $2,043......+16.25%

March 31, 07 = $1,625.....+46.15%

Does anyone else see the GROSS disconnect here? Comparing the current quarter to the December quarter, Revenues were up a paltry 7/10's of 1 percent yet management increased their stock based compensation by 16.25 percent.

How about comparing the current quarter to the year ago quarter. Revenues were up a handy 15.9 percent, but stock based compensation was up a WHOPPING 46.15%.

Are you FREAKING KIDDING ME???!!!!

You should read the 3 paragraph disclaimer/explanation management gives in the Press Release (http://biz.yahoo.com/bw/080507/20080507006372.html?.v=1) regarding the benefits of excluding stock based compensation as a measure of the company. Honestly, I am thankful they show the results both ways, because I believe it absolutely HIGHLIGHTS how management continues to drain any potential investment value out of the company.

This conversation could be taken to the "What's wrong with Corporate America" level or why we have the "Shrinking Middle Class". The top 5 or 10 executives are taking all of the profits. Middle class investors can't invest in this company because the executives are seeing to it there will never be a return on the investment.

This is not a commentary on socialism. Trust me. I've owned my own business for over 15 years. I'm all for being rewarded for performance. The difference is, I didn't take my company public and stick my hand in the public investor cash till. Therefore, what I earn I keep. These guys did take their company public and took all they could from the till. Now they owe it to their investors to treat the investors fairly. The investors should be reaping some reward. As Steve Martin used to say in his hey day, "But NOOOOOOOOOOOOOO...". These guys took from the public till initially and now view it as their own private ATM.

A 46.15% increase in stock based compensation? This has got to be bordering on criminal. Certainly unethical. Interesting that Americans complain about price gouging at the gas pump, or anything else when there is short supply. Isn't this essentially the same thing? Although one is gouging consumers, this is gouging investors.

When to invest in INAP? NEVER! If you want to invest in content delivery pick AKAM.

Good Luck and Play to Win.

Coach
http://www.mysoftballcoach.com/streams-of-income.html

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Recs

0

 (INAP)

Avatar ferrousnet (47.52) Submitted: 4/25/08 12:28 PM : Outperform Start Price: $4.59 INAP Score: 2.51

Undervalued - great business

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Recs

0

 (INAP)

Avatar walterfb (58.27) Submitted: 4/21/08 12:49 PM : Outperform Start Price: $4.45 INAP Score: 5.66

turnaround opportunity

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Recs

0

 (INAP)

Avatar warrl (< 20) Submitted: 4/14/08 2:57 AM : Outperform Start Price: $4.35 INAP Score: 3.66

B target 5.07

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Wall Street

Results 1 - 4 of 4  

picks per page. CHANGE

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Pick
Player NamePlayer RatingStart
Date
CallTime FrameStart
Price
Stock
Gain
S&P
Gain
ScorePitch
TrackCanaccord 84.22 04/01/08 Underperform NS $5.11-5.28%+5.76%+11.04
TrackJefferies 89.06 03/20/08 Underperform NS $4.42+9.50%+9.70%+0.19
TrackWachovia 75.43 01/11/08 Outperform NS $7.50-35.47%+1.34%-36.80
TrackJimCramer 80.65 09/21/06 Underperform 3W $14.90-67.52%+8.14%+75.66

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