InfoSpace (INSP): Where GNET went! Message Board

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

INSP 89.81

+7.9%

3:58 PM EST

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To: Susan G who wrote (5323)	5/8/1999 7:03:00 PM
From: Bag of Pucks	Read Replies (1) of 28311

I don't know much about Bill F.'s qualifications or all his views vis a vis investing but I do respect him for his convictions in voicing his opinions. His opinions regarding the internet valuations are not wrong, imo. What I don't understand is what all the obsession is with his 'shorting' the stock whether it be tech/net/or even GNET. If he is appointed to the board, then he will have to answer to compliance and SEC rules like any other director. Just because one shorts stocks doesn't automatically mean he's a 'non-believer'in the company. When Goldman Sachs went public, all the other brokerage stocks went down while GS stock went up. That is because the partners in GS were shorting the other brokerage stocks as a hedge cause they weren't allowed to short their own stock. They still believe in their own company but felt that the stock price might have gone ahead of itself. If an investor feels that a stock is overvalued or ran ahead of itself, then sell (short) - it's a perfectly legal and acceptable investment strategy... nothing more, nothing less...just making money!! which is all our goals... h

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