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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 82.06+0.3%Jan 28 3:59 PM EST
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To: The O who wrote (3440)4/14/1999 4:14:00 PM
From: RTev  Read Replies (2) of 28311
 
Why the selloff? A couple of pure guesses:

-- the Street is disappointed in the results turned in by ATHM and SEEK. Both met expectations, but didn't show any huge and unexpected growth.

-- the runup in net stocks prior to the ATHM and SEEK reports was wild. Typical post-report profit-taking was just as wild.

-- many folks are worried that there is a "bubble" and that it will burst some day. Selling programs are designed to dump all sector stocks at any sign of a leak.
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