What an extraordinary week it has been for IINET. The company...

What an extraordinary week it has been for IINET. The company has been vindicatd and can now focus on it's business.

The CEO of the IINET, Michael Malone gave a very informative interview to Stateline WA Friday afternoon, expressing his views for the company going forward

Here is a summary of what he said

IINET has more customers on high speed than any of its competitors in Australia. He quoted 500,000

IINET is currently working with the studios to get their content on line, and to release IPTV this quarter. IPTV brings extra TV stations from the Internet into the lounge room instead of the computer desktop

IINET has the brand position of innovation, and backing uo with good service to its customers

The CEO went on to say that even after 16 years in the business, he is full of enthusiasm every new day driving the company forward

The point that really got my attention, was the fact that he mentioned the company is trending on turnover of half a billion dollars

That is great news

Finally all analysts that follow the stock havea very strong buy on the company (not that I take any notice of what they say!!! As my signature portrays below)

I for one, have extreme confidence in the company. Now that tho litigation shackles have been removed from IINET's legs...

Remember the Internet is part of our lives today, and this little baby has extremely good growth prospects

I see the share price heading for $3.00