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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 130.68-4.9%Dec 12 9:30 AM EST
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To: Blue Snowshoe who wrote (9694)7/19/1999 11:31:00 AM
From: Dave Krishna  Read Replies (3) of 28311
 
Blue,

Enjoyed your post. 3-4 years ago AOL and Yahoo were considered speculative and overvalued stocks. I remember reading articles about how the "experts" thought these stocks were a bubble waiting to burst. Now these experts consider AOL and Yahoo core holdings. ????
If you listened to these guys you would have missed out on a huge run.
A lot of them just didn't understand what was going on, and only now recommend them because the companies have survived this long. They feel comfortable with AOL and Yahoo just like they felt comfortable with other mature companies in 1995-96. What they are missing is all the growth along the way to that level. I feel history is repeating itself. Now they understand the internet, but are missing the point on where the internet goes from here. Actually, I take that back. A lot of analysts do share the vision where the internet is going. They just think the companies they are most comfortable with will take it there. Hence they will and have missed the growth of companies like GNET again. Once GNET proves itself, they will come aboard. Of course by then we will have enjoyed all the growth of this superb company.

Regards,

Dave
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