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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 83.51-1.6%Nov 18 3:59 PM EST

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To: Sleeper who wrote (5886)5/20/1999 9:54:00 PM
From: Dave Krishna  Read Replies (1) of 28311
 
Sleeper,

Re: Support level break

I believe the first time down from 199 we hit an intraday low of
119 1/4 before bouncing back. I too am hoping for a reversal here, because otherwise, look out below. This stock could easily drop another 20-30 points.

There are many reasons for this drop, but I believe an important reason may have been posted 30 or so times on this board. Yes, a lot of people here are long and holding, but how many are buying ?
The answer is apparently not too many. The shorts are pounding this stock everyday. Until the buyers show up this stock will look really sick.
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