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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 98.25+3.4%Jan 9 3:59 PM EST
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To: Mr. Tomatohead who wrote (12534)10/1/1999 3:12:00 PM
From: Hawkmoon  Read Replies (1) of 28311
 
Indeed!! We are gettin' smacked around today... That non-committal bunch of goobly-gook from that analyst report (thinks the party is over, but at the end of it says that earnings could send the stock into the stratosphere) sure didn't help much.

It's a definite shake out and I'm hoping that we form new support since the stock is so oversold.

But it will be up to our management team to show the street that they can perform, build revenues and earnings, and become a major player.

This quarter and the PR derived from the Charter IPO will decide whether I cut my losses in this one (or should I say, my wife's) and look for greener pastures in another internet with a greater following.

Nothing against GNET at all on a personal level as I love the company. But business is business, and one of the unfortunate "albatrosses" hanging over this company is that they didn't enrich the coffers of some investment bank, thus their is little impetus to derive important coverage on the street.

I have no doubt the company will succeed and become a major player. Paul Allen's involvement, and Russell's leadership seems to have assured that. The question is merely the time frame that will be required to consolidate last years gains and drive for news highs.

Just my opinion (a frustrated one at that... Sigh)

Regards,

Ron
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