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

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To: Josef Svejk who wrote (4097)4/20/1999 5:15:00 PM
From: jon zachary  Read Replies (2) of 28311
 
i am praying it is a 3 for 1 split because of these spreads. every day they bother me more. this has to be the most iliquid stock i have EVER seen. it goes from up 1 1/2 to down 2 points in one tick. 4 point spreads are very common every day. i am 99 % sure we will see at least a 2 for 1. that coupled with earnings announcement will make us quickly forget about the past four trading days. but, man i hope this is over now. yesterday, we got the high volume sell off finally, so it looks like we are nearing the end.

the other potentially good thing about this is that quality stocks usually run-up a week before earnings. this did not happen with go2net due to external forces. so, any type of positive announcement tommorow night should really help push this thing higher. and with this low float, it takes no time to get up 20 to 30 % in one day. i would rather be more liquid and steady though.
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