InfoSpace (INSP): Where GNET went! Message Board

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

INSP 82.06

+0.3%

3:59 PM EST

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To: jon zachary who wrote (12884)	10/14/1999 3:35:00 PM
From: Sleeper	Read Replies (2) of 28311

with all due respect, buying at these levels will commit you to further downside risk and less upside risk than you would get buying at 45 to 50. this downturn is all technical based and in addition money is moving out of i-nets for the short term. assuming we ever reach 45-50, of course there would be less downside risk for buyers at that level. This is trader talk. Long term the upside is still excellent and buy-and-hold types should still do very well buying at these levels. Looked at from the long term investor perspective, why risk waiting for the additional 10% drop in the stock price when you might miss the upside when it occurs? Or, alternatively, is 10% either way really going to matter 2-3 years from now? I doubt it. If you are both a trader and a buy-and-hold as you indicated, why take one side of this issue,e.g., the trader side? Clearly there is more to GNET than the technical charts and you know that, or else you wouldn't be holding your long term position. JMO, too. Sleeper

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