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Strategies & Market Trends : Position Trading Forum

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To: Mazama who wrote (6777)11/13/1998 7:34:00 AM
From: out_of_the_loop  Read Replies (2) of 7247
 
I bought a small position of GNET at 24 and will add after the Iraqi situation and Greenspan declare themselves.

The company is trying to set itself apart from the other search engine companies and seems to have fewer employees, less overhead and more profit at present than many. There is a thread that is pretty good on SI:

Subject 19032

I think it is a good position and long termer but it does not seem to me to be as volatile as SEEK or XCIT. It is cheaper and the potential is there to be a survivor.

I lack the talent to call the position acutely since the report just came out yesterday, but I imagine it will gap up; who knows what will happen after that?
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