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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 90.66+5.3%Nov 11 3:59 PM EST

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To: sandintoes who wrote (20649)8/9/2000 8:18:06 AM
From: HO-MEE  Read Replies (2) of 28311
 
Ms. Toes, INSP has coverage by virtually everyone(that matters) other than Morgan(who advised them on the merger). When a merger takes place, the acquiring company has an immediate knee-jerk reaction down(JDSU/SDLI, VRSN/NSOL, etc.)After the downward move, I like to see a big move up on heavy volume before I step in in a big way......I currently have a 33% position in INSP, I will buy the rest of my position when I see a BIG volume up day with names like Goldman Sachs, Merrill Lynch etc. on the bid side of the market...........yesterday seemed(in the morning) that it had the makings of that type of day, however the price action in the afternoon didn't impress me.......other than relative to a weak market.
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