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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 86.66+0.7%9:31 AM EST
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To: Jeff Dryer who wrote (12388)9/25/1999 10:35:00 AM
From: Bill F.  Read Replies (1) of 28311
 
jeff-having read all your posts i would just like to add that this kind of stuff happens literally hundreds of times a day these days.it is most egregious with tech analysts though.they literally just make things up although it is usually on the upside,so no one cares too much(at least for now).wall street analyst`s used to be wrong often but they at least did some homework.that no longer appears to be the case.it is far easier and more profitable to just make up stuff and gun the stocks higher.the p.m`s who benefit then send more commision dollars to their firm.however,that is just the tip of the iceberg of sleazy behavior that occurs these days,the amount of manipulation and front running that goes on is breathtaking.i am afraid that all these and other abuses(like accounting) will not be cleaned up until after we have a bear market and the public demands to know how they got snookered.until then bad(no -really) analysis is all we can look forward to.that is why i call them "dead fish" in the rap all the time.fortunately for gnet shareholders they have little impact when they say xyz should go down unlike when they say i`m raising my target on abc to 350$ because it sound like a good number today......
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