InfoSpace (INSP): Where GNET went! Message Board

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

INSP 136.61

-2.4%

Dec 5 9:30 AM EST

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To: Stephen O who wrote (6958)	6/6/1999 6:56:00 PM
From: Hawkmoon	Read Replies (2) of 28311

Stephen, You seldom can feel comfortable with stocks that have 50% plus institutional ownership. Your upside is often limited, and god forbid, should they decide to dump it on some negative news, you'll have little liquidity. Better to buy a stock with 20-30% institutional ownership and ride it up as the float tightens. This is the scenario I expect for GNET. Get the institutions to tighten up the float a bit and then we'll have more upside from whatever price level they accumulate at. I don't want to be at the mercy of the institutions. I want to beat them to the punch and buy the stocks they weren't astute enough to own themselves. GNET will undoubtedly find institutional sponsorship. But apparently they seem to want to pick the stock up at levels where they have little risk of downside, and great expectation of upside. Regards, Ron

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