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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 93.18+0.9%3:59 PM EST
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To: jon zachary who wrote (15759)1/11/2000 12:11:00 AM
From: Pareto  Read Replies (1) of 28311
 
Jon,

with all respect, what do you expect? That GNET goes up every week with 10%?

One of the bad things of online real time access to information is that you watch all day the ticker and you get frustrated if it doesn't go up like the flavor of the day.

Like some of you I have become an SI-addict. Watching the stock go up and down. A smart investor just leaves it and doesn't trade in and out. Analysts and brokers are the ones obtaining the benefits of your insecurity.

If the fundamentals are right, just stick to it.

But try to understand the situation of Gnet. In the company I worked before we had 2 mergers in 3 years. We grew from 40 to 250 consultants. This had tremendous consequences for about all of the company. Then I look to GNET, they are growing at a 10 mergers per year rate. The staff will double in the next six months. They will change office. I have all respect for them and I do not expect that they loose time on informing us daily of their whereabouts and loose money paying investment bankers to let their analyst upgrade our stock.

Longs may look like 'blind longs' but don't fool yourself, we are not stupid. A large part of our hard earned money is there and we aint gonna loose it. We follow every single move of the company. So what did we learn: (not to copy playa or WST)
1. this company is OK
2. the day some on the thread start complaining, stock is at a low point and may start moving again.

Jon, just show some respect for Eliza, we need investors to choose this stock. And we need some company on the thread. Another thread I follow is Inktomi and we had 5 posts in the last three weeks. Pretty boring.

Regards,
Pareto
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