InfoSpace (INSP): Where GNET went! Message Board

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

INSP 84.85

-1.8%

Nov 17 3:59 PM EST

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To: sandintoes who wrote (14413)	11/30/1999 9:13:00 PM
From: faqsnlojiks	Read Replies (2) of 28311

The drop in GNET today isn't as significant (P&F wise) as it may seem at first glance. Using a 2-box chart (GNET is too volotile for a 1-box, IMO), we see that it has backed-down to fill the gap. I think this is good, and what was needed. Yeah, kind of hurts to see it happen, but if you're long on this stock, it's going to pay off. This will also let those that got out before the climb to the high-80's get back in without too much pain. The current base sits at 70..a break of that down to 68 would be bad, but I'm thinking we'll see a turn-around right here in the 72-74 area, and then it's back up to test (and hopefully break) that top at 88! -Joe #90

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