InfoSpace (INSP): Where GNET went! Message Board

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

INSP 94.67

-3.3%

11:21 AM EST

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To: The O who wrote (10903)	8/5/1999 10:03:00 PM
From: Augustus Gloop	Read Replies (3) of 28311

Not to be the eternal pessimist but in a flash we could see all the great upside of today vanish before the bell if the unemployment report is bad tomorrow. I wanted to buy more but I think we had all better keep some dry powder to follow up this stock if the floor drops out in the low volume weeks to come. You all know 101 loves this stock so with that in mind see if you can understand my thought process before you flame me. 1) August is always a low volume month. This leads to wild fluctuations in stock prices. 2) The 3rd qtr. is usually rotten for techs 3) We have rate jitters 4) We have y2k on the brain…it may be overblown but it's still an issue. 5) Most of us remember last years a$$ kicking and don't want to repeat the same mistakes. So, keeping those things in mind I think we all need to be a bit defensive until the picture gets clearer. Conclusions: 1) Keep some money handy to chase this gem 2) I'm going to kick Sarkie's butt on the golf course 3) Don't get too bummed if we go back down and test 46 again. Random thoughts from 101 Go GNET

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