InfoSpace (INSP): Where GNET went! Message Board

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

INSP 68.13

-0.2%

10:19 AM EST

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To: RTev who wrote (4052)	4/20/1999 12:55:00 PM
From: Dany Tremblay	Read Replies (1) of 28311

From the looks of things, I get the feeling all the potential good news has just been factored out of the stock since its high of 195. I've been watching the sales pretty actively for the last week and I think we are in the process of establishing a strong support level at the 140 mark. This likely represents an acceptable capitalization of GNET at this very moment in time. So, that tells me that if the earning are good tomorrow we will move up, but we will not go anywhere if the earning are acceptable. If the earnings are poor, then the obvious move is down. I don't believe anyone expects anything but good. Unlike the common scenario where all the good news is already in the price just prior to earnings release, leaving nowhere to go but down, this is starting to look like the less frequent scenario where the move will be up after earnings. The main reason for my analysis is that I think we are oversold at this point. As WST always writes; just my views :-) Dany

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