InfoSpace (INSP): Where GNET went! Message Board

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

INSP 80.20

-1.4%

9:30 AM EST

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To: Obewon who wrote (5246)	5/7/1999 11:30:00 AM
From: jon zachary	of 28311

how many of these internet companies can say that they have 300 million in cash to play with ? aol, yhoo, and the rest of them buy out smaller companies with stock and there market cap is everything. well, with that dropping 30 to 40 % on all of the i-nets where is there market cap and buying power going ? down. but gnet is different because they are making money, growing revenues, etc... and have cash. when this downdraft is over, i would expect go2net to rally faster and stronger than any of them. right now is very key though. they have all now corrected as much as they did this past january and last year. if we dont see a rally in the next few days, followed by strong buying and volume then this bubble might really be breaking. i like go2net just as much as everyone else and have held them for a while, but, right now might be the most important period we have ever had for these stocks. its very important what they do in the next couple of days !

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