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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 124.52-2.2%12:59 PM EST

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To: silversoldier a/k/a SI Sy who wrote (21636)10/12/2000 11:52:42 AM
From: Robert Rose  Read Replies (1) of 28311
 
silversoldier, in my mind the disappointing price target is really not that disappointing, given the overall market and the fact that by any historic standard, insp is still very expensive. I know it has been frustrating for me and for many others on this board to see the market respond as it has to gnet for so long, and to insp more recently, when it is so obvious that so many things are going so right for both companies.

However, the market is correcting toward historic valuations, so either through stock price declines or through stock price plateaus while revs and earnings catch up, the correction is taking place.

On the brighter side, I very much am a believer in insp as a major player in its space going forward. There are a lot of great folks on board, regardless of which side of the Lake.

Disclaimer: long insp and HOLDING.
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