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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 92.10-0.6%Dec 31 3:59 PM EST

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To: Robert Rose who wrote (25195)2/19/2001 1:13:23 PM
From: stockman_scott  Read Replies (2) of 28311
 
The Institutions are buying...

messages.yahoo.com

Regards,

Scott

BTW, According to a poster on Yahoo's INSP thread RH and his VC shells may have really taken advantage of shareholders and Paul Allen. Isn't it interesting that Vulcan Ventures HAS NOT been selling INSP and Paul Allen has decided to take an INSP board seat (According to a recent SEC filing)...Hmmm...Late last week INSP investor relations also confirmed that INSP's founder (Naveen Jain) personally bought 500,000 shares of InfoSpace. This doesn't happen by accident. IMO, INSP is WAY OVERSOLD and the risk/reward trade-off at current prices is very favorable. I think INSP will be back up in the double digits ' sooner than many of the experts predict ' <G>....Notice that institutions like Prudential have been buying in the last week. Others have been covering their short positions. When this activity is finished the UPgrades will come. It's a big game. IMO, InfoSpace may also announce some major deals in the months ahead. I would love to see MSFT take a strategic position in INSP. It's clearly possible but not necessary for a big appreciation in INSP shares though. JMHO....=)
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