InfoSpace (INSP): Where GNET went! Message Board

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Technology Stocks : InfoSpace (INSP): Where GNET went!

INSP 95.04

-4.0%

3:59 PM EST

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To: playavermont who wrote (12278)	9/22/1999 8:41:00 PM
From: Susan G	of 28311

Playervermont, There has been a lot of selling of GNET shares lately by anyone who was bought out in one of many GNET acquisitions. As well as all the daytrader involvement that started this spring. This is the price we pay for growth and recognition. I consider us very lucky that we never tanked bigtime like Healtheon, Exodus a while back or other net stocks when all the shares hit the market at once. It may have held gnet to a trading channel lately, which ending up being about the best thing that could happen!! Gnet's chart was pretty sick for awhile (even scared NotN away as well as being a topic of a wall street TA broadcast) we have now consolidated and created a NICE healthy base in which to move up off of. And gnet's chart looks better than it has in months. I don't think anyone but daytraders want 10-15 pt surges right now, because as you can see from other nets lately, they usually come right back down, and sometimes become bearish from the huge pump and dumps. As well as the fact it attracts all the short sellers looking for a quick plunge to profit from, and damaging the stocks longer term trend. So patience is what we need to have. Because if we rise slowly we have a better chance of STAYING THERE! I have wanted to post this comment several times lately to you and others and I just couldn't hold it in any longer. The train is not leaving the station without gnet, gnet is busy building a high speed train that will pass the others quickly and leave it in the dust : ) Susan

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