InfoSpace (INSP): Where GNET went! Message Board

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

INSP 131.97

+12.6%

11:11 AM EST

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To: Technologyguy who wrote (2616)	3/30/1999 3:46:00 PM
From: HeatherN	Read Replies (2) of 28311

I completely agree. It is expected and desirable after a period of rapid acceleration in price to see a consolidation period where (ideally) the volume and price decline. From a technical standpoint, the decline may be up to 1/3 the recent gain and still not be considered a negative indicator. Those who hold short term sell during this phase to take profits. Those who are long typically sit tight. It would be abnormal to have even GNET go up, up , up every day. I have maintained my position from $18 and currently have no intention of reducing this position. The next 6-12 months should indeed be significant.

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