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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 86.70-4.6%3:59 PM EST

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To: jon zachary who wrote (17925)3/30/2000 5:01:00 PM
From: Pareto  Read Replies (2) of 28311
 
The lucky ones .......

- are those who stay in Maui, not looking to the screen every minute....
- or those who had some spare cash to spend on dipping stocks.....

I don't care, I'm not in Maui and have no cash. I choose 100% i-stocks. The run-up will be almost as fast as the dive. The risk of being out of a stock when mayor news or an important upgrade is published is too big. You may win or loose 10% by trading, but loose 30% for being out. Unless you are a successful trader of course.

Long term these corrections are very good for GNET as investors will take a closer look to revenue growth and profit.

Some more trivia in a down market:
The 80-20 rule has been defined by the Italian Pareto around 1890. It is a rule for statistical occurrence. E.g. a stock trades 80% of the time in a range 20% off its high and 20% above its low for the year. It means as well that 20% of our time we are involved in activities that represent 80% of value to use. To the other side, 80% of our time is waste or low value. 80% of internet companies won't make it. And 20% will generate most of the value. Conclusion: you better spend 20% of your time to choose the premium stocks and spend the rest of time on the beach.

Regards,
Pareto
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