IIP's profile: « Internap is a market leader of intelligent route control solutions that bring reliability, performance and security to the Internet. The company's patented and patent-pending technologies address the inherent weaknesses of the Internet, enabling enterprises to take full advantage of the benefits of deploying business-critical applications such as e-commerce, Voice-over-IP (VoIP), video-conferencing and streaming audio/video across the Internet. Through a portfolio of high-performance IP and WAN optimization solutions, customers can bypass congestion points, overcome routing inefficiencies and optimize performance of their applications. Internap solutions are backed by an industry-leading performance guarantee that covers the Internet as opposed to just one network. These offerings include: network- and premise-based route optimization solutions, colocation, VPN, content distribution and managed security services.
Internap currently serves more than 2,000 customers, including Fortune 1000 and mid-tier enterprises in the financial services, government, travel/hospitality, manufacturing, media/entertainment, technology and retail industries. The company provides services throughout North America, Europe, Asia and Australia. For more information, please visit the company website at www.internap.com.»
What attracted me to this company was, of course, the chart, but also, take a look at this historic revenue graph:
(http://www.3stocksonfire.org/trading/index.php?action=dlattach;attach=16469;image)
Steady growth. Revenues in 2005 were $153.7M, ahead of analysts estimates. The Price to Sales Ratio is 1.47, and the industry's average P/S ratio is 2.5.
«"This was a record quarter for Internap in many ways," said James DeBlasio, chief executive officer, Internap. "We reported record quarterly revenue and EBITDA as the company benefited from the continued migration of business-critical applications across IP Networks. These results demonstrate the value of Internap technology among new and existing customers who trust us to deliver the highest level of reliability and performance. We also significantly improved our net loss for the period and, with our renewed strategic focus, are poised for profitable growth in 2006."»
I'll buy IIP around today's open for the Stocks on Fire Portfolio.
Great eye David. I really like how IIP consolidated at the higher trading level on Thursday. In at $.68. ;)
Hi folks,
Great pick David! The telecom infrastructure stuff should be a great sector for awhile...
I added shares today & bought LVLT on its chart (inverse head & shoulders imminent breakout)
good trading to all
willey
GLAD TO YOU JOIN THE PARTY... BUT SORRY TO SAY I CAME TO PARTY WAY TOO EARLY.. AVE $1.15/ 4500 SHRS FROM $1.85 DOWN TO .38.
I THINK THEIR TIME HAS COME AND SHOULD DO VERY WELL OVER NEXT COUPLE OF YEARS. LOOKING FORWARD TO UP DATES ON THIS ONE....LUCK TO ALL AND THANKS FOR ALL THE GREAT POST...TD
:'(
David's portfolio looks much more beautiful now.
What is hot:
1. Right now tele-communication stocks are hot - a sign the next generation network is underway. China is going to 3G!!! The license will be given within months after more than one year intensive testing for different standards.
2. Copper, metal stocks are hot: demand from China supposed to be high as China continues building its infrastructure (increasing its electricity power capacity, it needs copper to transmit the electricity to meet increasing demand);
3. Some bio-related stocks are hot though valuation is difficult;
company profile:
http://www.internap.com/investor/documents/Corp%20Profile%20FINAL%201105.pdf.pdf
Needham Growth Conference 20 slides presentation (Jan 06):
http://www.internap.com/investor/presentations/IR%20Presentation%200106%20no%20conf.pdf.pdf
joined the team @ 0.68 $ ;)
cheers
Oliver
Quote from: TD on March 03, 2006, 01:12:31 PM
GLAD TO YOU JOIN THE PARTY... BUT SORRY TO SAY I CAME TO PARTY WAY TOO EARLY.. AVE $1.15/ 4500 SHRS FROM $1.85 DOWN TO .38.
I THINK THEIR TIME HAS COME AND SHOULD DO VERY WELL OVER NEXT COUPLE OF YEARS. LOOKING FORWARD TO UP DATES ON THIS ONE....LUCK TO ALL AND THANKS FOR ALL THE GREAT POST...TD
:'(
Hello TD :)
Don't worry about past mistakes, just learn your lesson: Never, never, average down.
Quote from: shawFund on March 03, 2006, 02:42:51 PM
David's portfolio looks much more beautiful now.
What is hot:
1. Right now tele-communication stocks are hot - a sign the next generation network is underway. China is going to 3G!!! The license will be given within months after more than one year intensive testing for different standards.
2. Copper, metal stocks are hot: demand from China supposed to be high as China continues building its infrastructure (increasing its electricity power capacity, it needs copper to transmit the electricity to meet increasing demand);
3. Some bio-related stocks are hot though valuation is difficult;
I agree with your analysis shawFund 8)
Over the latest earnings presentation:
«We also significantly improved our net loss for the period and, with our renewed strategic focus, are
poised for profitable growth in 2006."»
Yet, analysts quoted on Yahoo still expect the company to lose money in 2006 (all estimates there are out of context now (http://finance.yahoo.com/q/ae?s=IIP), since the company beat analyst's expectations over the latest quarter).
Thanks for those interesting links la-onda :)
IIP may pullback a bit here, I don't know, but there's no doubt technicals and fundamentals are working in tandem to take this stock to the upside.
quotation from 10 K Sec Filling:
Highlights and Outlook
· Due to the nature of the services we provide, we generally price our Internet connectivity services at a premium to the services offered by conventional Internet connectivity service providers. We believe customers with business-critical Internet applications will continue to demand the highest quality of service as their Internet connectivity needs grow and become even more complex and, as such, will continue to pay a premium for our high performance managed Internet connectivity services.
· Our success in executing our premium pricing strategy depends, to a significant degree, on our ability to differentiate our connectivity solutions from lower cost alternatives. The key measures of our success in achieving this differentiation are revenue and customer growth. During 2005, we added more than 150 net new customers, bringing our total to approximately 2,100 enterprise customers as of December 31, 2005. Revenue for the year ended December 31, 2005 increased 6% to $153.7 million, compared to revenue of $144.5 million for the year ended December 31, 2004.
· Solidified management team is focused on achieving profitability and revenue by leveraging operating efficiencies. In November 2005, James P. DeBlasio, a 20-year technology veteran and former Lucent executive, was appointed CEO. Through a renewed emphasis on aggressive cost containment our management team will focus on reducing net losses and driving gross profit to improve shareholder value.
· We intend to increase revenue by leveraging the capabilities of our existing network access points. In our existing markets, we realize incremental margins as new customers are added. Additional volume in an existing market allows improved utilization of existing facilities and an improved ability to cost-effectively predict and acquire additional network capacity. Conversely, decreases in the number of customers in an established market lead to decreased facility utilization and increase the possibility that direct network resources are not cost-efficiently employed. These factors have a direct bearing on our financial position and results of operations.
· We also intend to increase revenue by expanding our geographic coverage in key markets in the United States and abroad. As we enter new geographic markets, operatin results will be affected by increased expense for hiring, training and managing new employees, acquiring and implementing new systems and expense for new facilities. Our ability to generate increased revenue depends on the success of our cost control measures as we expand our geographic coverage.
· We believe that our data center services will continue to be drivers of revenue in 2006. During 2005, we focused on selling, investing in and managing data center services. In order to meet the current and future anticipated demand for our data center services, we invested more than $10 million in 2005 to upgrade and expand our existing facilities. Of the 85,064 total square feet of data center space directly operated by Internap, approximately 71% was utilized as of December 31, 2005. We have 38,894 total square feet of data center space operated under agreements with third parties of which approximately 87% was utilized as of December 31, 2005. During the year, we also focused on bundling our IP and data center services. Our approach to expanding data center capabilities is needs driven, as it serves to enhance our customers access to Internaps core IP services. We believe this bundling brings great value to our customers, as evidenced by the fact that approximately 95% of our data center customers also purchase IP services.
· We sell approximately two-thirds of new monthly recurring revenue to new customers. Selling new monthly recurring revenue to new customers allows us to expand our customer base as well as guard against customer loss.
· While we have limited our execution of traditional advertising over the past year, we are focused on increasing brand awareness through appropriate marketing vehicles. We will continue to develop integrated marketing campaigns that identify qualified leads, generate interest and promote business benefits among key audiences. We will also conduct public relations efforts focused on securing third party recognition of our products and services from the media and industry analysts. Our marketing organization is also responsible for creating our product strategy based upon primary and secondary market research and the advancement of new technologies.
http://biz.yahoo.com/e/060310/iip10-k.html
IIP is looking fantastic!
A rising price with rising volume.. thats the basic concept of a bullish chart and IIP has it big-time ;). I'm excited to see how this AMEX penny develops.
Here is a link to recent news released after the bell today:
Quote
Internap Makes the Leap to 10 Gigabit Route Control with New Flow Control Platform Solution
Tuesday March 14, 5:02 pm ET
Technology Supports Growing Bandwidth and QoS Needs of e-Commerce
http://biz.yahoo.com/bw/060314/20060314006178.html?.v=1
Lets see how the market reacts 8)
Hello everyone,
The chart is very exciting. Lots of volume, and the price keeps fighting for the upside. Is anyone concern of the MACD at this point? It seems ::)to be way overbought. If a break for the upside, is 1.10 a realistic short term target?
thanx,
Rafael
Man, I keep on delaying buying this, and now I wish I hadn't
I don't like buying peaks... I always buy the second the run is over and then sit on a loss for 3 weeks, then get discouraged, then sell, only to watch the next run go without me.
>:(
update IIP:
Awesome move Friday :o with volume! IIP looks like it does not want to be a penny much longer. Now is a good time to put in a stop to protect ourselves just in-case the tables turn. ;)
I believe the Financials released on Friday played a part. On quick scan it seems that IIP is generating a lot more cash from operations and so is poised to swing to profit next quarter >:D
http://finance.yahoo.com/q/is?s=IIP
We will sell IIP if it closes below 0.69.
This stock had another great day, yet there were no posts yet!
Is it just me or does this look like the most bullish stock in the 3SOF portfolio right now? Volume is spiking, great chart, great technology, etc. OK, maybe NVAX will be the best (I was silly to get out Thursday and missed the big run up today), I dont know, but I really like the IIP story and technology. I was lucky to get in a few cents lower too at .63 on 3/7 so maybe I am loving it more for that too! Of course, I was in DIET so I am still not that lucky until IIP hits $1.1 or so...
Here is a white paper I found on the Yahoo MB, interesting read if you are interested in the internet, and also good info about what IIP technology can do.
http://www.internap.com/learning/whitepapers/white_paper-Performance_Enhancing.pdf.pdf
Exactly toky ;) This is an insanely bullish chart! I was considering placing a target sell of 1.20.. but I looked at the long-term chart and it seems that would be cutting ourselves short. :o Thx for the link 8)
----------------------------------------
update IIP:
A powerful Monday move to start the week!.. and with over 15Million traded! I think its a good idea to maintain our previous stop at this time, I would like to give room for IIP to develop(and show me its support) although I am interested to see if it can hold 0.85.
Quote from: tokyopua on March 20, 2006, 11:14:12 PM
This stock had another great day, yet there were no posts yet!
Is it just me or does this look like the most bullish stock in the 3SOF portfolio right now? Volume is spiking, great chart, great technology, etc. OK, maybe NVAX will be the best (I was silly to get out Thursday and missed the big run up today),
Well, I am not feeling so silly for selling NVAX after all, I was actually considering getting back in today until I saw the news... I have been through that twice with NVAX before, sorry to see that happen yet again.
Two of my stocks under one dollar are the only ones keeping my portfolio green today, CHID and IIP are doing great. Of course, technically at the moment IIP is no longer under $1.00 ;D, it finally broke the psychological barrier and has been staying there fairly stead for the last 30 minutes.
Loving IIP, great pick! Agreed EliteG that long term $1.2 might be too moderate, assuming no secondary offerings, etc.
sold some of my shares @ 1.04 8)
70% still holding >:D
I missed the original enty for IIP, so have just been watching. That's a sharp sell off but people taking profit on such a quick run is understandable. Also $1 is such a pysch level that a 2nd stab at it after some consolidation will add further fuel to any sustained rally. The averages and support needs to play catch up. I'll keep watching and perhaps consider entry around the 9ema (currently $0.82) as this has been the backbone since the original breakout from basing in Feb.
Quote from: AussieTrader on March 22, 2006, 10:47:07 PM
I missed the original enty for IIP, so have just been watching. That's a sharp sell off but people taking profit on such a quick run is understandable. Also $1 is such a pysch level that a 2nd stab at it after some consolidation will add further fuel to any sustained rally. The averages and support needs to play catch up. I'll keep watching and perhaps consider entry around the 9ema (currently $0.82) as this has been the backbone since the original breakout from basing in Feb.
It seems like a solid plan for me Aussie ;)
Quote from: eliteG on March 21, 2006, 01:25:43 AM
Exactly toky ;) This is an insanely bullish chart! I was considering placing a target sell of 1.20.. but I looked at the long-term chart and it seems that would be cutting ourselves short. :o Thx for the link 8)
----------------------------------------
update IIP:
A powerful Monday move to start the week!.. and with over 15Million traded! I think its a good idea to maintain our previous stop at this time, I would like to give room for IIP to develop(and show me its support) although I am interested to see if it can hold 0.85.
update
IIP:So after spending a brief moment above $1(where la-onda made a nice partial sell) IIP has retraced back to .88. The chart still looks very strong so I feel safe moving the stop on close higher ;) Notice the support at the thin blue line 8)
We will sell IIP if it closes below .74.
update IIP:
We got a nice bounce on Friday but volume did not come in as strong as I would have liked.. so support not completely confirmed to me.. I will be generous with the sell setting but continue to move them higher. If this play really gets going we can use the magenta line like on the NVAX trade. ;)
We will sell IIP if it is set to close under .78, otherwise hold.
The chart has set up a perfect swing trader exit. I don't think IIP has the momentum to hit $1 again just yet so I'm a seller at the open tomorrow (hopefully I can get .95), and then will re-enter at .80 or the 20 ema, whichever comes first (as long as the chart confirms a good reentry).
News out on IIP, doesnt seem to be boosting the stock presently, though the buzz on the Yahoo MBs is that this is 3 months early and should be good for the stock.
http://biz.yahoo.com/bw/060328/20060328005630.html?.v=1
update IIP:
IIP has been holding steady. :) Volume came up today and the thin blue line I drew gave support ;)..again. Moving averages are catching up.. IIP should be ready to move again soon. Trading plan remains the same.
update IIP:
Just an updated chart. Plan is the same, just a wording change. ;)
We will hold IIP unless it closes below .78.
update IIP:
I have to love IIP.. its paid attention to every single line I've drawn on my charts.. even the highly speculative ones! Superb bounce off the intersection of 4 TA lines in the chart. :o High volume breakout.. lets keep it moving!
We will hold IIP unless it closes below .84.
update IIP:
A strong confirmation of breakout with heavy volume. Got to move the stop higher. We will look to sell much higher or if the stock decided to show us weakness or a climax move. >:D
We will hold IIP unless it closes below .90.
Quote from: eliteG on April 04, 2006, 02:09:23 AM
update IIP:
I have to love IIP.. its paid attention to every single line I've drawn on my charts.. even the highly speculative ones! Superb bounce off the intersection of 4 TA lines in the chart. :o High volume breakout.. lets keep it moving!
Elite, draw some more lines...up ;)
Great pick. Happy I got in. Little later and a bit higher than the 3SOF b/c I wanted to do my research. Still a nice profit already to make me happy.
Amarens
Quote from: Amarens on April 05, 2006, 04:40:31 AM
Quote from: eliteG on April 04, 2006, 02:09:23 AM
update IIP:
I have to love IIP.. its paid attention to every single line I've drawn on my charts.. even the highly speculative ones! Superb bounce off the intersection of 4 TA lines in the chart. :o High volume breakout.. lets keep it moving!
Elite, draw some more lines...up ;)
Great pick. Happy I got in. Little later and a bit higher than the 3SOF b/c I wanted to do my research. Still a nice profit already to make me happy.
Amarens
Ask and ye shall recieve :D.. more lines comin up ;)
-------------------------
update IIP:
A gap open that filled, bounced and closed back up at the gap.. that shows strength and support nearby as volume was heavy again for the third day in a row. Our stop moves up accordingly.
We will hold IIP unless it closes below .94.
IIP: Merriman Starts @ Buy; Analyst Notes
Thursday , April 06, 2006 08:05 ET
Issuer: InterNAP Network Services Corporation (AMEX: IIP)
Analyst Firm: Merriman Curhan Ford & Co.
Ratings Action: INITIATE
Current Rating: Buy
Analyst Comments: According to the firm, IIP trades at 1.7x 2006E EV/sales vs. the comparable mean of 3.3x. They believe the discount is primarily because of Internap's recent past, which included lackluster growth even though its position in the Internet infrastructure space seemed strong. They believe this discount offers an entry point since 2006 should be the beginning of robust overall growth. Using a blended average valuation of DCF and NPV, they believe the stock is worth closer to $1.65.
It is trading @1.09. What are the support lines and bailout prices?
- Dhiraj
Bail out is $0.94
I will continue to hold; please check Thomas Weisel March slides >:D
Internap and HyperTec Help Ubisoft Deliver Advanced Features to Serious Online Gamers
Tuesday , April 11, 2006 07:45 ET
ATLANTA, Apr 11, 2006 (CCNMatthews via COMTEX) -- Internap Flow Control Xcelerator (FCX) Speeds up Video Content Delivery and Improves Team Collaboration; Shortens Video Game Development Cycle between Continents
Internap Network Services Corporation (AMEX:IIP), a leading provider of performance-based routing solutions over the Internet, today announced that Ubisoft, a leading international developer, publisher and distributor of interactive entertainment products recently expanded its deployment of Internap(R) Flow Control Xcelerator(TM) (FCX) 6500s to enable a successful digital asset management solution, route up to 400Mbps in internal traffic and accelerate video content delivery over the Internet. Ubisoft, a top video game developer with one of the largest in-house development staffs worldwide, will use the FCX to accelerate data transfer between data center locations in Canada, China, France and the United States. Internap technology will help enable faster rollout of Ubisoft's next generation video games in up to 10 languages and in over 50 countries worldwide.
Ubisoft's livelihood lies in its international and inter-continental collaboration on a variety of projects, which involve large volume data transfers over an enterprise network. Three quarters of Ubisoft's 3,000 permanent collaborators spread out over 21 countries are dedicated to game production alone. Recently, Ubisoft's sales and marketing staff identified an increasing need to effectively manage, edit and transmit screenshots, video and audio files of various sizes between locations, using a Digital Asset Management (DAM) solution that needed to be stable, fast and reliable.
"Our developers, software and engineering teams all over the world faced challenges collaborating over the web, which caused delays in meeting timelines setup by the executive team," said Pascal Lacombe, director, Global Network Services, Ubisoft. "Internap's FCX technology far exceeded our expectations by shortening the window of "wait time" amongst marketing, quality control, and testing teams in various cities and time zones worldwide. We can now collaborate faster, more effectively and within timelines and budget," he continued.
The expansion is a direct result of Ubisoft experiencing an immediate and considerable improvement in performance gains of up to ten times the transfer rate for large multimedia files, including Gigabytes of game images, jpeg files and real-time applications, necessary to complete game development after their initial FCP deployment. The Internap Canadian alliance partner, HyperTec Systems, Inc., one of the region's top system integrators and value added resellers, facilitated the FCX sales.
"Our strategic relationship with Internap plays an important role in serving the Canadian market and we intend to see this relationship grow even further," said David Ahdoot, president, HyperTec Systems, Inc., whose company inked a strategic alliance partnership with Internap in March 2005. Together, the companies have acquired multiple new customers across the region.
Quick delivery of creative and complex concepts has become increasingly important in the highly competitive global video game industry, in which games typically cost more than $10 million to develop.
"Ubisoft's decision to deploy FCX equipment to additional locations within months of the initial deployment, speaks to the confidence our customers have in Internap as the performance leader in enabling real-time, Internet applications," said David Abrahamson, vice president of sales, Internap. "We're dedicated to helping them stay ahead of the curve and drive new revenue opportunities from new and growing market segments," he added.
Thank you for the info la-onda ;) Great stuff in store for IIP. :)
------------------------
update IIP:
IIP is thinking of breaking out again >:D.. we'll see this week. A nice uptrend is in place(magenta on chart) and the 9ema has been strong support for this whole play. ;) Since we are evaluating exiting on close data I will not set a specific value at this time. 3SOF is up huge on this play(over 80%) ;) We will continue to hold as long as IIP holds its technicals.
------
Position Started: bought IIP @ 0.67 on 3/03/2006
Current Order Status: Hold
Exit: evaluate on close data
Target: n/a
------
update IIP:
So the 3SOF team has talked IIP over and we have decided to get aggressive and take our profit. IIP has been a huge gainer but with the loss in momentum in this weak market we strongly believe IIP can be picked up lower. Watch for re-entry.
We will sell IIP in the morning.
I will hold. :D I will buy on dips, if/when. >:D
Congrats to the new team on this pick, I looked back at all the old trades and if I am not mistaken its the 5th best closed trade made by 3SOF on a percentage basis at 77%. I managed to get in at .63 and so made 86% on this trade. And GIGM is at a double, GSHF keeps rocking....
Wow this is a great site!!! :) ;) :D ;D :o
support at .95. i will double there. cccoming on may 4th. iip will fly.
Hi. New at this board.
in at .52, I'm considering to buy more at .98 - 1.04. Any ideas on May 4th? Would this CC be different from others in the past ;)
GLTL
IIP: Short Interest UP 53.2% to 2.6M in Apr 2006
Thursday , April 20, 2006 16:01 ET
According to new short interest data from AMEX, short interest for InterNAP Network Services Corporation (AMEX: IIP) INCREASED 53.2% to 2,626,832 shares for the month ended mid-April, 2006.
SYMBOL MARCH APRIL CHANGE %CHANGE DAYS/COVER
-------- ------------- ------------- ------------- ------------ ----------
IIP 1,714,510 2,626,832 +912,322 +53.21% 1
Based on IIP's 20-day average daily share volume of 7,307,635, it would require approximately 1 day(s) of buying to cover this short interest.
another 9% up, congratulations to all stockholders
I went in back yesterday @1.3, AH its 1.55 with 100K volume.
Question: ( If Elite could answer)
Will Gap fade phenomenon occur on this stock tomorrow?
- Dhiraj
Updated chart:
IIP: CIBC Ups to Sector Perform from Sector Underperform; Analyst Notes
Thursday , June 01, 2006 07:21 ET
Issuer: InterNAP Network Services Corporation (AMEX: IIP)
Analyst Firm: CIBC World Markets
Ratings Action: UPGRADE
Current Rating: Sector Perform (from Sector Underperform)
Analyst Comments: The firm's upgrade is based on improving business fundamentals ans solid balance sheet.
http://www.knobias.com/individual/public/news.htm?eid=3.1.39b1ae1893f715f192e58f16b55c2c21c7300e5b88b9dcb0634177f60fc8fa0d
Several IIP threads going so I picked the most recent one. ;)
IIP is working on a nice ascending triangle breakout here. Could be a good buy if it breaks out with volume.
Thar she blows!!!! >:D
Houston, I think we have a breakout!
Captain, she's breaking up! No, Scotty, that's breaking out!
OK, that's enough of that. ;)