InfoSpace (INSP): Where GNET went! Message Board

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

INSP 81.73

-2.5%

Nov 7 9:30 AM EST

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To: Larry Zenith who wrote (13969)	11/12/1999 4:15:00 PM
From: Sarkie	Read Replies (1) of 28311

Larry, OK, so you bought QCOM, hope you did it yesterday. Let me tell you how I look at this. You sell 3/4 of your holdings in GNET. This is November, you have a capital gain for tax purposes. I don't know how old you are (yes I do, your profile says 36) but I have money in the market for my retirement, so I have several years to go (hopefully many). I can take this money out of GNET now with a 1500% gain (in my case) put it somewhere else, play the market and in 5 years, if I am lucky, I could have another 400%. Now that is darn good. or (Stolen from Graystone) I could leave it right where it is. Not pay capital gains for tax year ending 12/31/1999. Let GNET go to work, get teamed with Charter, get the broadband thingie going. In 5 years. BOOM I will have another 1500% +. I know what my choice is. At least you kept 1/4, so that we don't have to get the eraser out an wipe you off the list. ~Sarkie #25 and holding!

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