InfoSpace (INSP): Where GNET went! Message Board

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Technology Stocks : InfoSpace (INSP): Where GNET went!

INSP 79.40

-1.7%

Jan 23 9:30 AM EST

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To: White Shoes who wrote (780)	1/12/1999 11:29:00 AM
From: Koshka	Read Replies (2) of 28311

The patient original holders are doing some allelulia selling to those who think that the momentum in internet stocks is representative of a restructuring of the economy and who think that gnet has been undervalued in that environment (whatever "valuation means" - perhaps like "high crimes and misdemeanors" it means whatever we say it means) The trading is resulting in a structuring of the holding and I do not think it is to day traders. The extreme volativity of the trading would be reduced by the stock being more widely held which can only happen when there is more stock to hold. The market makers are having a grand time with this one today.

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