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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 131.97+12.6%11:11 AM EST

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To: Steven R. Michaud who wrote (17385)3/8/2000 8:48:00 AM
From: Dr. Zax  Read Replies (1) of 28311
 
Steven,

What are you? ... a short???!!! just kidding.

Let's be careful with our whisper numbers. Remember sites like whispernumbers.com get their garbage numbers by reading message boards. The higher the whisper number is the more expectation there is. The more expectation for higher than reasonable numbers, the more the stock will drop on reasonable numbers, and the less it will rise on exceptional numbers.

If you remember from last quarter there were actually some people saying this quarter's number would be lower than last's because GNET becomes a taxable organization this quarter. I am looking reasonably at .14 and optimistically at .16 [of course I've been low on every call so far ;)]

We are all tired of this trading range, but it will be broken, and it will be broken to the upside. In the end we will probably just get purchased outright by Paul Allen anyway.

As for charting on GNET. GNET defies almost all charting. You can use the basic stuff like 200 DMA and 50 DMA but anything short term like 10-50 DMA or local momentum are absolutely useless with this stock. It's not even worth the time to chart it. Choose something to chart with more volume. Sorry to all you TAers out there... just my thoughts on this stock, it works great for other stocks.

Dr.Zax
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