InfoSpace (INSP): Where GNET went! Message Board

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

INSP 84.85

-1.8%

Nov 17 3:59 PM EST

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To: Sir Auric Goldfinger who wrote (1073)	1/24/1999 2:33:00 AM
From: Scrapps	Read Replies (1) of 28311

There is no trend as yet...a week or two is not a trend. We have a market reaction to analyst reports about 'Net stocks, which GNET is ONE of, BUT not one these reports are targeted at. GNET sits in a group with a few who are profitable and shows a great potential for continued growth and profit. Fundamentals are not the thing to place the greatest focus on...potential is when dealing with an evolving market such as the Internet. A good portion of the money coming out of unprofitable companies share prices will flow into the profitable companies. My guess is GNET will open up from the Friday close price, the premium we pay for these shares is the price we pay for getting in early to realize the potential in the future. Myself...I think GNET has been assumed to be guilty by association the same as DELL was when CPQ's price fell, there wasn't any sound reason for DELL to drop, it fell only because DELL made PCs and CPQ made PCs...yet many preached DELL lacked fundamentals...DELL's price only slowed then ran on up and the stock split again and has run up again. Only my 2¢.

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