InfoSpace (INSP): Where GNET went! Message Board

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Technology Stocks : InfoSpace (INSP): Where GNET went!

INSP 65.52

-0.1%

10:25 AM EST

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To: jon zachary who wrote (17641)	3/20/2000 2:34:00 PM
From: tahoe_bound	Read Replies (2) of 28311

JZ that could cut both ways. If a bunch of them "go out of business" as Barrons is suggesting, GNET would surely come out alive, but at what price? I think it would be a very hard stretch to think that if, and that is a big and questionable if especially seeing Ablesons track record (editor of Barrons) so many net companies went down in flames and the nasdaq with it, that GNETs stock would not suffer immensely in sympathy. In that event it would be a shallow victory for shareholders. As to the 78-80 support level, yes, it is important. It has already breached that by a bit, if this holds without a bounce and on high volume, this would be about the ugliest day of the year for GNETs stock. It opened up nicely, but what an ugly downside reversal.

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