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

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To: EenieMeenie who wrote (2083)3/16/1999 7:33:00 PM
From: WallStreetTips  Read Replies (3) of 28311
 
GNET $200 - TOGETHER WE DID IT / I sold all GNET shares today

Remember my slogan which I use to say here when GNET was just around $100 (Presplit). I said GNET - $200 "TOGETHER WE CAN DO IT"
Now it happened in reality. GNET is actually about $250 (pre split).

I feel that GNET is fully priced at today's stock price and actually feel it is overpriced. I sold all of my thousands of GNET in last 2 days. I sold many today at open around $126 -$ 127 and as of now have no position in GNET. I belive that GNET will be back to $90 -$95 in next few days or weeks.

I like GNET but not its stock at this price. Please don't get me wrong but I have been trading in GNET since it was just $7 so to me at $250 it seems overvalued. I will buy again when GNET drops to reasonable levels.
Goodluck to all current longs.

Just my views.
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