InfoSpace (INSP): Where GNET went! Message Board

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

INSP 92.10

-0.6%

Dec 31 3:59 PM EST

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To: Scrapps who wrote (2265)	3/22/1999 8:09:00 PM
From: WallStreetTips	Read Replies (3) of 28311

GNET >>> I will sell ALL thousands I own at open tomorrow. It is my feeling that tomorrow's open will be the best time to dump GNET. I loaded heavily at $121 1/2 and am going to dump all at open tomorrow. The reason is purely profit taking. Stocks can not always keep going up. GNET at $300 (pre split) is "Overvalued" and now to hold on to this stock is craziness in my view. I do not care if this stock hits $175 tomorrow, but I will be selling all the shares I own and will may be day trade keeping buys to a very limited quantity. I personally will not continue to hold GNET im my portfolio for time being. Tomorrow if GNET announces a split (By any chance) it would be the best price to get for your stocks. I like GNET but now I am kind of getting worried with its pace at which it is moving up. I do fully realize that now GNET has the money to go out and buy more companies, have bigger marketing campaign etc but still I feel it is not worth this high. Though I would love to see it rising gradually but now like everyday jumps of $10 to $30. I am hoping GNET opens at $165, though I am willing to sell all even at $145. Just my views.

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