Epoch Partners Issues Research Note on InterNAP

Research Note Discusses Viability of Operating Strategy



Apr 12, 2001, 01:00 ET from Epoch Partners, Inc.

    SAN FRANCISCO, April 12 /PRNewswire/ -- Epoch Partners today issued a
 Research Note discussing the operating strategy of InterNAP (Nasdaq: INAP).
 The Research Note, issued today by Mark Langner, Senior Analyst for Broadband
 and IP Data Services, is available for free to investors through the Epoch Web
 site (www.epoch.com).  The following are key highlights included in the
 Research Note:
 
     -- Our recent meeting with InterNAP management assures us that the
        company's service remains viable in today's market, but highlights that
        we believe its operating strategy is not sustainable in its current
        form given funding needs.
     -- We do not believe the company will be able to obtain its sought-after
        financing under favorable terms, and instead should pursue an
        operations restructure.
     -- Until such steps are taken and we become more comfortable with the
        attainability of the company's year-end projections, we remain cautious
        on shares of INAP.
 
     Broadband and IP Data Services Research Coverage
     Investors can visit Epoch's Web site for an in-depth analysis of the
 Broadband and IP Data Services industry and to read research coverage on the
 following public companies in this sector:  360networks, Akamai Technologies,
 Covad Communications, Digital Island, Equinix, Exodus Communications,
 InterNAP, Level 3 Communications, Loudcloud, and StorageNetworks.
     In addition, investors can be added to the Broadband Services email alert
 system, which alerts investors to new research in the Broadband Services
 sector.  To be added to this alert system visit
 http://pluto.sparklist.com/scripts/lyris.pl?join=epochbroadbandservices .
 Epoch has also posted video interviews with George Conrades, CEO of Akamai
 Technologies, and Jay Adelson, CTO and co-founder of Equinix.  Full research
 on these and other companies under coverage by Epoch is available for free to
 investors at www.epoch.com.
     Epoch Partners is a technology-enabled investment bank focused on
 high-growth companies and electronically connected institutional and
 individual investors.
     The information contained herein is based on sources believed to be
 reliable but is neither all inclusive nor guaranteed by Epoch Partners.
 Opinions, if any, reflect our judgment at this time and are subject to change.
 Epoch Partners does not undertake to advise of changes in its opinion or the
 information.  Epoch Partners may perform or seek to perform investment banking
 services for the issuers of securities which are the subject of our Research.
 Most of the companies Epoch Partners follows are emerging growth companies
 whose securities typically involve a higher degree of risk and more volatility
 than the securities of more established companies.  The securities discussed
 in the Epoch Partners Research may be unsuitable for investors depending on
 their specific investment objectives and financial situation and needs.  No
 report included in the Epoch Partners Research is a recommendation that any
 particular investor should purchase or sell any particular security in any
 amount or at all and is not a solicitation of any offer to purchase or sell
 from or to any particular investor.  For additional information that may be
 available on the securities mentioned, please contact Epoch Partners.
 
     Epoch Partners is a member of the National Association of Securities
 Dealers, CRD number 103899.
 
 

SOURCE Epoch Partners, Inc.
    SAN FRANCISCO, April 12 /PRNewswire/ -- Epoch Partners today issued a
 Research Note discussing the operating strategy of InterNAP (Nasdaq: INAP).
 The Research Note, issued today by Mark Langner, Senior Analyst for Broadband
 and IP Data Services, is available for free to investors through the Epoch Web
 site (www.epoch.com).  The following are key highlights included in the
 Research Note:
 
     -- Our recent meeting with InterNAP management assures us that the
        company's service remains viable in today's market, but highlights that
        we believe its operating strategy is not sustainable in its current
        form given funding needs.
     -- We do not believe the company will be able to obtain its sought-after
        financing under favorable terms, and instead should pursue an
        operations restructure.
     -- Until such steps are taken and we become more comfortable with the
        attainability of the company's year-end projections, we remain cautious
        on shares of INAP.
 
     Broadband and IP Data Services Research Coverage
     Investors can visit Epoch's Web site for an in-depth analysis of the
 Broadband and IP Data Services industry and to read research coverage on the
 following public companies in this sector:  360networks, Akamai Technologies,
 Covad Communications, Digital Island, Equinix, Exodus Communications,
 InterNAP, Level 3 Communications, Loudcloud, and StorageNetworks.
     In addition, investors can be added to the Broadband Services email alert
 system, which alerts investors to new research in the Broadband Services
 sector.  To be added to this alert system visit
 http://pluto.sparklist.com/scripts/lyris.pl?join=epochbroadbandservices .
 Epoch has also posted video interviews with George Conrades, CEO of Akamai
 Technologies, and Jay Adelson, CTO and co-founder of Equinix.  Full research
 on these and other companies under coverage by Epoch is available for free to
 investors at www.epoch.com.
     Epoch Partners is a technology-enabled investment bank focused on
 high-growth companies and electronically connected institutional and
 individual investors.
     The information contained herein is based on sources believed to be
 reliable but is neither all inclusive nor guaranteed by Epoch Partners.
 Opinions, if any, reflect our judgment at this time and are subject to change.
 Epoch Partners does not undertake to advise of changes in its opinion or the
 information.  Epoch Partners may perform or seek to perform investment banking
 services for the issuers of securities which are the subject of our Research.
 Most of the companies Epoch Partners follows are emerging growth companies
 whose securities typically involve a higher degree of risk and more volatility
 than the securities of more established companies.  The securities discussed
 in the Epoch Partners Research may be unsuitable for investors depending on
 their specific investment objectives and financial situation and needs.  No
 report included in the Epoch Partners Research is a recommendation that any
 particular investor should purchase or sell any particular security in any
 amount or at all and is not a solicitation of any offer to purchase or sell
 from or to any particular investor.  For additional information that may be
 available on the securities mentioned, please contact Epoch Partners.
 
     Epoch Partners is a member of the National Association of Securities
 Dealers, CRD number 103899.
 
 SOURCE  Epoch Partners, Inc.