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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 83.42-0.1%Nov 19 3:59 PM EST

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To: Bill F. who wrote (2499)3/27/1999 1:29:00 PM
From: Sgt. Stockpile  Read Replies (3) of 28311
 
I don't doubt that Biggs has been very successful in the past. He is considered a top market guru and you can't be around for decades without that title having meaning.

I am a young investor. I don't deal in comodities, options, leaps, futures, etc. But when I don't understand something I don't say, "This is crazy, They're all crazy", nor would I make such a statement on national TV.

My criticism of Biggs and generally older generations is that when they come across something they don't understand the reaction is always that its wrong. I bet Biggs feels the same way about his teenage grandchildren that he does about internet stocks.

He should attempt to evaluate them, see if they fit into their own distict analysis pool (Just like the Cable Co. in the 80s -- where do you think EBIDTA came from?). Braverman and Blodgett and the other internet analysts are trying to do this and I commend them for this -- not because they're right-- they may prove to be wrong -- but because they have the foresight and vision to see the internet as "something different" and attempt to use different analytical tools to comprehend it.
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