InfoSpace (INSP): Where GNET went! Message Board

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

INSP 83.23

-0.3%

1:38 PM EST

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To: Greg S. who wrote (7761)	6/21/1999 1:12:00 PM
From: MarX	Read Replies (1) of 28311

You ask if there is a technical reason for the recent strength? I think so. It has held above it's long term trendline. The June 2nd low of 90 came close to touching the l-t t/l (by the way, many have considered 90 as an absolute bottom based on the PA tender offer, but from a technical analysis point of view the most optimistic support on 6/2 was 68), and then a few days ago, when it hit a low of 99, it came even closer to the long-term trendline, but did not break it and has since been up every day. Marx

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