Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: lee kramer who wrote (77603)	1/4/2000 11:23:00 PM
From: Susan G	Read Replies (1) of 120523

Lee, about gnet moving up today... It may seem a little silly but the words "flight to quality" have popped up tonight on the gnet thread. As well as some talk recently about traders migrating to nets with EARNINGS recently. (Something all gemmers do anyway!) Hmmmmm... gnet has earnings, a PILE of cash and is not borrowing money and therefore heavily affected by the rising interest rates. In fact, since it's in CASH that would mean higher interest earned on that cash... and GNET also has a bigger investment than MSFT in CTCH, which just about doubled last week on the MSFT news... There was a great CNN Moneyline interview last week or the week before, repeated several times that highlighted the fact that go2net was one of the few nets with positive earnings and great eps growth. Maybe that fact is finally being noticed. Cheeky Kid recorded the interview unicus.com

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