big move today, page-10

I got in for day trades earlier this month. Increased my stock today, for a short term hold. IIN probably the best comms stock available. State wide deal for TAS has secured revenue for the long term, a number of successful court cases behind it helps it's ability to withstand value drops from anything legal. But the biggest seller is the companies rate of expansion. The generation of people purchasing the broad scope of internet hates telstra/optus and all other traditionally marketed comm companies. IINet is more-than-steadily acquiring market share without the marketing costs and expensive avenues of other the traditionals. I like the stock and I generally dislike the comms - TPM and IIN in a portfolio is the only comms i'll play with.

Charts will give you the information about price flucts, but my feeling is the stock has good years in front of it. Management is important - and IT shares (comparable) are often unstuck by it, i'm confident enough to back them.