InfoSpace (INSP): Where GNET went! Message Board

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

INSP 94.11

-1.7%

12:14 PM EST

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To: levy who wrote (10949)	8/6/1999 11:28:00 AM
From: Robert Rose	Read Replies (1) of 28311

<you are talking about internets...none of the usual rules apply...all eyes remain fixed on internets....I have a feeling the fear of low volume August rule has already been factored in...that is when it comes to internets everything is on warp speed so thinking one step ahead I think the fall run up may begin now. If you wait for the dust to settle this time I think you'll be to late. > I would like to agree, but can't quite. These last two inet corrections have given folks pause, if in fact yesterday marked the end of the second. (First was mid-Apr to mid-June, second was mid-July to ? (hopefully yesterday).) The dot peaked in mid-Apr and put in a lower high in early July. It also put in an intermediate-term bottom in early July and a lower bottom Wednesday (hopefully)). It could be argued that the inets are in a long-term bear market, as the Street begins to revalue these stocks according to more traditional metrics (p/e, p/s, you name it.) I am on the fence about this myself. Emotionally, I want the bull case. Intellectually, I (try to) hold back a bit....

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