InfoSpace (INSP): Where GNET went! Message Board

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

INSP 78.51

-4.3%

Jan 29 3:59 PM EST

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To: Josef Svejk who wrote (5241)	5/7/1999 11:50:00 AM
From: WallStreetTips	of 28311

GNET > WallStreet is becoming very hard to predict, Highly Volatile S&P Futures were up almost 8 Points at one point around 9 am and then within minutes it dropped to minus territory. Markets are becoming very volatile and hard to judge the direction. It appears that day traders are controlling the technology sector stocks and as such we are seeing wild swings. GNET saw $128 today which is an attractive price for investors. GNET was at $199 not too long ago when they announced 2:1 stock split. Nothing has changed negatively with the company but its stock price has changed significantly on the downside. My take is that whoever buys GNET around $130 and holds on to it for just 15 days they will make lots of money. I see a very minimal downslide from here but see huge upside potential. Just my views.

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