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Technology Stocks : InfoSpace.com

INSP 91.52

-1.3%

10:55 AM EST

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To: David B. Higgs who wrote (54)	12/9/1998 7:53:00 PM
From: Cookie Monster	Read Replies (1) of 3070

I was really bummed out by Xoom today too. I bought mine at $34 when it opened and watched it finally claw its way to $41...only to fall again. I sold it all at $39 on the way down, but the closing price was disappointing. The INSP will not be as successful as XOOM. I don't want to burst anyones bubble, but I see it opening in the mid $20 range....possibly as low as 20-21 during the day. I think it will be similar to ETEK trading patterns...not uBid or TMCS, or XOOM. I think XOOM will settle more in the TGLO price range of high thirties tomorrow. It might pop back to the $39 level on the open...but should sink fast.

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