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

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To: HO-MEE who wrote (13761)11/4/1999 2:00:00 PM
From: LRNLATN  Read Replies (2) of 28311
 
<< Here is what I think will happen.........Charter goes public,Russ will be LEGALLY allowed to discuss in detail the Charter, GNET bigpicture, we get coverage from a major brokerage firm, and everyone has a happy face.I will discuss this further with anyone,including the brilliant yet annoying levy(ha!)>>
I think you are right about what MIGHT happen. GNET as a single company (with a big-pocketed stockholder) has been pushed up in past months by buyers who could see clearly what mgmt. was trying to accomplish - and that they were being successful in the plan. (RATIONAL EXUBERANCE) But now - GNET is part of a larger combination - (CHARTER, Broadband Partners etc.) the direction of which is not nearly so clear. (The market hates uncertainty). So - while no one is dumping their stock - it is moving sideways in a wait and see. Russ, John et.al. are no longer calling ALL the shots which would affect GNET so we all have to bide our time.
As for levy, brilliance is usually annoying around the edges - just ask the moths around any light bulb!
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