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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 139.89+3.8%Dec 4 3:59 PM EST

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To: OneWest who wrote (3606)4/15/1999 11:58:00 PM
From: Chetman  Read Replies (2) of 28311
 
After a period of such high volatility, I'd like to see GNET settle down a bit and base at levels above its old high of 156 before making a sustainable rally to over 200. Without the time to refuel, any short term spike on news to 190-200 will most likely be met with selling. Best would be a rising base into earnings, then a little selling on the news. That'll give it time to refuel for a move to new highs when they (hopefully) announce a split or other positive news a week or two later. Of course, they may well announce a split with earnings, but that wouldn't fit the pattern of inet stocks lately.
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