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Technology Stocks : InfoSpace.com

INSP 72.08

-1.4%

Oct 31 9:30 AM EST

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To: Goldbug Guru who started this subject	12/31/2003 6:10:43 PM
From: tktrimbath	of 3070

my informal semi-annual synopsis of INSP INTRODUCTION My semi-annual stock synopses are a task I give myself every six months where I review for myself our stocks. This is not a proclamation of truth but a chance for me to record my thoughts, pass them along, and learn from others who might know more than me. I hope you find these words useful. Note that I strongly believe that for a short while, a stock and the company can have two completely different stories and understanding that difference is where an individual investor can find an advantage. INSP Market Cap $0.72B Someone should congratulate the new management at INSP. I think the company is slowly shedding its flamboyant speculative image and may begin getting credit as a well run, conservative business and investment. I haven't sold yet like I earlier expected to do, but I haven't needed the money yet either. While I think they are doing a good job, I have a rough time remembering what their long term plans are. They've sold off the divisions I was most familiar with. That might be the best thing for them to do but an investor should not be in such an uninformed position. I continue to say I will SELL but I have been saying that for so long that I guess I am demonstrating a HOLD. At least it is a good sign that I don't need the money. DISCLAIMER My wife and I are LTBH (Long Term Buy and Hold) with a strong emphasis on the H. Our total churn for 2003 was to buy two or three stocks back in March and haven’t sold anything for over a year. We originally bought GNET which was bought but INSP. I am NOT a professional investor or an expert in any of the topics I discussed, but that is the nature of most individual investors. I undoubtedly overlooked something great about each company and also missed some warning signal. I invest with the knowledge that no company is perfect and realize that risk and chance determine future performance as much as in-depth analysis. Of course, it has worked so far. I have been investing for over two decades and continue to learn how much I don’t know. Good luck to all.

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