InfoSpace (INSP): Where GNET went! Message Board

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

INSP 136.61

-2.4%

Dec 5 9:30 AM EST

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To: robert duke who wrote (3765)	4/18/1999 2:26:00 AM
From: mogwai8myball	Read Replies (2) of 28311

Hello, just wanted to offer some friendly advice from one young investor to another. You might want to consider buying calls on GNET, instead of maxing out on margin. I got clobbered on NSOL's drop from 307 to 200 (presplit) last month because i was on margin. However, i've been able to make up that hefty loss and then some by buying EGRP calls (bought April 65s at 1/ 1/2 about three weeks ago, sold them last week at 30) and GNET May 160s (bought them at 9 1/2 about three weeks ago, they're now at 34 3/8). Course there is risk, just not anywhere near as much as with buying on margin. If you want more info on options, consider reading "Getting Started on Options" by Michael Thomsett or going to the CBOE Web site and ordering a free video on options. Good luck!

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