
10-23-2007, 05:22 PM
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Lifetime Moderator
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Join Date: Jan 2003
Location: Cleveland
Posts: 12,367
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Quote:
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Originally Posted by dauntdpigeon
Sorry for being so brief. A friend of mine day trades much like Whodi and Goods do here. He mentioned this INAP, and said he was going to put it in his long term folder and advised me to stock up, saying that it should double or triple in the next few years. I think it is at about $16 a share right now.
As far as the company goes I'm not sure what they do. He mentioned a little but I didn't take it all in or do research on the company. I think they are a company that deals with the Internet and Bandwidth costs for Businesses. Much like Amazon and other sites where you use a credit card. It costs these sites to set up payments and stuff and different routes and networks costs them more. INAP has developed a network that allows minimal costs on connecting an ip with their router. Normally this is just one technology that any company can implement. INAP has patented this however, which will cause most online businesses to switch to their software in order to save a lot of money on network and bandwidth costs. Now this is what I took out of what he was telling me I may be off on a few things.
Hate posting a stock when I cannot even be sure what market the company is in or what they do. But the source is a very smart, reliable, day trader who does this for a living. This stock like I mentioned earlier is long term however. Guys here mostly do their own thing as their experts themselves, but they can take this for what it is worth.
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 Thanks for info pigeon, it's definitely one I'll do more research on.
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