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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 82.01+0.3%3:59 PM EST

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To: Venditâ„¢ who wrote (20545)8/3/2000 10:10:35 PM
From: Hawkmoon  Read Replies (1) of 28311
 
I am not an expert at anything.

Apparently quite a few people would differ with you since you were nominated. And if that's good enough for them, it's good enough for me... <VBG>

As for accumulating GNET, I guess I'm more inclined to watch for an opportunity to buy INSP since it is the parent company and GNET's price is tied its performance.

INSP should get a nice rally bounce up to $40-43 once it has found a bottom. But punching through that overhead resistance will require major volume and probably several attempts over the next several months.

But one more thing that I'm paying attention to is the probability that INSP will be more likely to issue some form of material news than will GNET. And if GNET does issue material news, it will impact INSP commensurately.

Bottom line, INSP is the only stock to watch right now, especially as it's performance over the past several days has dragged GNET down with it.

However, I'm certainly interested in your opinion as to why you would buy GNET over INSP. Do you suspect that Jain may nix or delay the deal in order to salvage his stock's value?

Regards,

Ron
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