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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 83.20-0.3%Nov 20 3:59 PM EST
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To: Im-patient who wrote (8283)6/24/1999 2:43:00 PM
From: Dany Tremblay  Read Replies (1) of 28311
 
Well Fred, how about this:

My opinion is regards to the gigantic run-up is that unless the split is immediately followed by some earth shattering news, savvy investors will likely be able to pick up GNET shares at a discount tomorrow. I think the stock will also probably drift lower until news directly related to the broadband strategy starts leaking out. I wouldn't be surprised if you could pick up a few shares in the $64 range (post split) within the next few days.

For those not holding a death grip on their shares and who like the play, I would sell a portion of the pot in strength this afternoon and buy it back during the next 7-10 days or so. Market indicators are still pointing down and I am convinced the Street has not yet fully digested the anticipated 25 basis point rate increase.
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