SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 90.66+5.3%Nov 11 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Carolyn who wrote (13688)11/2/1999 6:54:00 PM
From: Hawkmoon  Read Replies (3) of 28311
 
Tell you what all...

After comparing GOTO and GNET, the only real negative is that GNET has 3x as many shares in the float as GOTO. That could account for the signicant move in GOTO today, even though GNET has more revenues, faster growing revenues, and is actually profitable, as well as having fewer shares outstanding.

biz.yahoo.com

biz.yahoo.com

And there may have been a few more shares short than with GNET.

If the market holds together tomorrow, we may be set for some more upside. Money flow has increased and gone positive on the daily chart, and the stochastic picture tomorrow will really depend on the overall spirit of the market, IMO.

A bit of news to push things a long would be nice as well.

As for GOTO, I don't believe they have the business model that GNET has, but they certainly seem to have a greater following on the street.

Regards,

Ron
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext