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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 81.73-2.5%Nov 7 9:30 AM EST

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To: Robert Frisbee who wrote (19)4/14/1998 11:06:00 AM
From: White Shoes  Read Replies (1) of 28311
 
The stock is now at $30. All I can say is, WOW. I am going to go out on a limb here and suggest that these internet stocks are currently overbought. :)

XCIT has been up 6 points or more 3 separate days in the past week. Some days an XCIT or a YHOO (or even AOL) will go up 6 points or more and the following day the usual pullback does not occur! Just wild, they'll go up a second day after that kind of a pop!

We are near some kind of top...but what kind?

Who knows. Maybe most of this will turn out to be justified...in 10 years.

The new business strategy: don't worry about your day-to-day business. Just figure out how your company will, one month, get locked into the street's RADAR SCREENS. Make sure you have a lot of stock options and get ready to cash in.
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