InfoSpace (INSP): Where GNET went! Message Board

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

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To: Dr. Zax who wrote (6854)	6/6/1999 11:26:00 AM
From: option007	of 28311

Thank you for your reponse.... You presented the bullish side and why you are long. If stock drops to $30 are you still going to have same argument. Because you made a good investment at the beginning does not mean it will remain a good investment. You say that Allan is moving to better things. Then it is over for Gnet or what. You say no one is selling. $100 drop in one month and you say that. Let me clarify, no one is buying.... If you wanted a company badly and stock dropped 50% in a month wouldn't you rush to take advantage of this opportunity. Why has Allan not made intentions on Sec to acquire more. Maybe he had no intention of acquiring 54% like he wanted. Maybe he is looking elsewhere. Fact management is very comfortable selling at $90 in itself sends a dangerous signal. Given that $90 is a premium price expect stock to slip to mid 80's soon. If earnings disappoint or revenue drops then, look out below. Maybe every one knows something you don't. Just my views.

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