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Technology Stocks : InfoSpace.com
INSP 95.29-2.7%2:38 PM EST

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To: 10K a day who wrote (1572)3/14/2000 1:11:00 PM
From: A.L. Reagan  Read Replies (1) of 3070
 
Impristine, you sure hit the timing part on the head. Today down another big whack and volume is higher. Congratulations on your trading acumen in figuring out when the Hype Express was about out of gas.

Jain's comment about believing in "Infospace and God" was pretty telling. Shades of David Koresh, Jim Jones, the Baghwan, and all that ilk - give me your money people and ye shall be saved.

Never underestimate the power of cult personality to whip the masses into a frenzy of departing with their worldly goods for the benefit of the cult leader, but in the end the truth will always out.

IMO, the $277 stock price will turn out to be more like believing in "Infospace and the Tooth Fairy."

I do believe that InfoSpace has value, but that INSP longs would have been better served if their leader had set more realistic expectations. The market can be quite punishing.
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