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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 59.65-12.5%3:59 PM EST
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To: brk who wrote (18954)5/9/2000 10:28:00 AM
From: tahoe_bound  Read Replies (1) of 28311
 
Not sure

Hello, I don't know how it can be constructive or objective comparing the damage with this to another "Go" name. The investing public throws them all in the same bin anyways. Being down 60% since December and down 25% over the past year should not give anyone any false illusions of complacency that it cannot get worse, nor should seriously threatening major support. There is no evidence to the contrary that a lot of underlying interest is waiting to pour in as support, just like there is not one thread of evidence indicating that management here will very soon embark on a 180 d. turn and flood us with some news. The lack of interest and concurrent El Tanko is very symptomatic of more than just a bad market.

Many other CEO's would face very heavy criticism and questoning for presiding over an abominable share price while posting ok numbers, but in conjunction with being down the past year during the largest tech move up ever.

The Paul Allen demarcation line in the sand may very well hold up here. Then again the more you knock on that door the more tenuous it becomes, after all his other investments have utterly failed to hold on to their magic lines they were not supposed to fail. Just a couple short months ago no one thought the magic 200 day moving average would fail either.
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