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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 86.10+5.4%Nov 10 3:59 PM EST

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To: Hawkmoon who wrote (13290)10/27/1999 11:12:00 PM
From: Puna  Read Replies (1) of 28311
 
What a tuff week for GNET's earning to come out.

Major 3Q reports (ECI & GDP) before the bell in the AM, and AG is going to open his Market manipulating mouth at some business meeting in Florida tomorrow night.
Throw that in with the usual Broadmarket bond-US$-etc dance and GNET's earnings could be greatly overshadowed I would think.
Maybe we will see a delayed reaction and get a little after-earnings spike when all this other news is digested by the players. Assuming of course that we do be get some decent earnings to begin with!

For us Go2Net longs this has been a frustrating few months alright and we sure could use a little boost of excitement, but these are challenging times for the whole Tech-Net sector and we may have to be patient through some more weeks or months of year end adjustments.
After all, we either recognize that Gnet's fundamentals are not only intact but improving, relax and hold on, or we sell out as some here are already announcing, and buy in when it's seemingly comfortable to do so again. Or both.
We each need to do what is best for our game plan and portfolio. No one needs to judge that but ourselves.

No doubt, it has been difficult to buy into long positions these past few weeks while prices are down with huge sector rotations in such a volatile Market, and I have tried to buy with the option to sell for a short gain or hang in for the long haul, but it's work these days!

A few years from now those GNET Longs that dared to hold on through all the various turmoil will likely be laughing on the way from the bank, that is my vision for you,
Good luck trading all,

Puna #34 and holding
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