What follows is brief summary of my thoughts on IIP, after reading thru the company´s recently filed 10Q.

Internap (IIP) is one stock that has, to date, worked out exactly as I predicted. I recommended the stock late last year, on the premise that this chronic underperformer would appreciate significantly in 2006, as the company finally […]

Recently I received the following excellent comment from a subscriber concerning Internap (IIP):
"On the question of high costs, have you factored in the possibility that the new FCP 10 gig boxes could really take off in terms of sales? Internap has the best route control product on the market and very little real competition at […]

Last night Internap (IIP) delivered financial results that confirmed the strong turnaround at the company. From my perspective the most important part of the financial release was the increased revenue growth guidance for 2006, since the meager revenue growth projected last quarter was a factor in limiting the upside valuation for the company.

Overall, based […]

For those investors without access to Wall Street research reports, this post provides some notes from Stanford Financial Group´s March 1st, 2006 research report on IIP. The analyst´s target price is a bit higher than mine, primarily because I am applying a larger discount to the EV/EBITDA multiple for IIP.
Note: If you plan to link […]

Internap reported decent earnings results last evening. There were several positives, and a few negatives. Overall, there is clearly enough improvement in Internap´s financials to warrant holding onto to the stock, and the stock still appears undervalued primarily because the business is solid, EBITDA growth in 2006 will be excellent, and  management at IIP is […]

Two of Internap’s closest comps have just reported earnings, and it is interesting to compare their valuations to Internap to see the potential value of Internap, in the event of a takeover (I wish management would just put IIP up for sale already). Note that these calculations are very back of the envelope and somewhat […]

In keeping with my Internet infrastructure theme (i.e. RBAK, INLD), I believe that Internap Network Services (IIP) represents a good investment "gamble" at it´s current price of about $0.40 (yes, you read that right 40 cents, but don´t be scared away just yet). The company has low downside risk and significant upside as investor sentiment […]