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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 93.09+0.8%3:59 PM EST
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To: playavermont who wrote (14568)12/5/1999 7:13:00 PM
From: HO-MEE  Read Replies (1) of 28311
 
Here is my take on GNET:

1)Russ Horowitz has had his hands tied by the Charter registration and subsequent IPO.In many interviews(several on Bloomberg to name a few) he has continually stated that he could not comment due to the Carter registration,the IPO or untill now, the quiet period.I believe that this will change quickly and dramatically now that the Charter quiet period ended yesterday.
2)Everyone seems concerned about wireless....Paul Allen, who wasn't in the cable business 18 months ago is suddenly the 4th biggest cable entity, not bad in my opinion.He did all this by margining his MSFT stock and making BILLIONS in committments. Now he has a public currency to increase his "wired world", I believe this is the tip of the iceberg. If you think that he won't become a player in wireless(if that ABSOLUTELY a place to be) then you are DEAD wrong.
3) Sometimes it is hard to watch these other stocks that go up while we seem to tread water, however if you look at the ytd. performance, it is understandable that we may take a braek every once in awhile. I believe a major by rec. will be here shortly and then we are off into triple digits. By the way, I own IPO stock,I have kept the faith.
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