3SOF

Bail out is $0.94

I will continue to hold; please check Thomas Weisel March slides 

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. 

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update IIP:

IIP is thinking of breaking out again  .. 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.

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Position Started: bought IIP @ 0.67 on 3/03/2006
Current Order Status: Hold
Exit: evaluate on close data
Target: n/a
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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.   I will buy on dips, if/when.   

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!!!   

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.