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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: Offshore who wrote (2297)3/22/1999 8:57:00 PM
From: WallStreetTips  Read Replies (1) of 28311
 
GNET >>> Reasons to lock profits and Invest in other stocks like:

Yes Yes Yes I had said that GNET is headed for $200 but I expected a slow and steady gradual move, not like jumps of $30 plus. I like when a stock moves little by little, that's more healthy.

I am not saying that GNET will not go higher now, it is just my feeling that GNET is "Overpriced" at the moment. GNET is no way better than Yahoo and if YHOO is at $165 (ya ya I know all the outstanding shares, PE and all that), I believe that GNET is OVERVALUED. Don't get me wrong, I own thousands and am waiting to dump
just because I do not want to be too greedy. I might have hold on to my stocks if GNET was moving just 2-3 or may be 5-6 bucks a day. But this fast pace in stock price is dangerous in my opinion.
I am going to buy some other Hot Internet Stocks which are gearing up for a sharp rise. If anyone is interested then check my profile and look at first 4 stocks that I mention. I am going to buy all of those stocks in very large quantity. Those are the stocks that have potentials to double, triple or may be rise even higher than that.

Just my views.
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