InfoSpace (INSP): Where GNET went! Message Board

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

INSP 127.35

-2.3%

Nov 26 3:59 PM EST

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To: Susan G who wrote (1473)	3/3/1999 8:20:00 PM
From: Judith	Read Replies (1) of 28311

Susan, I noticed the same thing as you yesterday. The priced dropped immediately and quickly as soon as the short interest piece aired on CNBC. I was totally surprised, since a large short interest on a stock with an increasing price is good for the longs. I couldn't understand the selloff. The market decline didn't help, but the timing was too close to the CNBC piece to be coincidental. I have asked a couple of people why that news would have caused people to sell, and have not been able to get any answer. Maybe someone else has an opinion? Judith

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