InfoSpace (INSP): Where GNET went! Message Board

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

INSP 83.42

-0.1%

Nov 19 3:59 PM EST

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To: Sam Sara who wrote (5419)	5/12/1999 2:48:00 AM
From: Chetman	Read Replies (2) of 28311

<<I bought GNET primarily on technicals, and less so on fundamentals.>> David, How so? Take a look at this chart. bigcharts.com If anything, I see a head & shoulders pattern developing which, if correct, could take GNET down to the 100-110 range. I'm not betting on it though. Hopefully (and more likely) we'll have a fake H & S to the 120's and then a big move up. At this point I just don't see a great long trade here based on TA. IMO we need to close over 160 for a few days to reestablish the near term uptrend. If/when that happens I'll be buying more. What is it you see?

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