InfoSpace (INSP): Where GNET went! Message Board

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

INSP 92.23

-4.3%

3:59 PM EST

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To: WallStreetTips who wrote (6157)	5/25/1999 11:40:00 AM
From: EenieMeenie	Read Replies (3) of 28311

I don't get your logic, WallStreetTips. "CNBC folks still keep using the word high flying internet stocks. Dhaa you call a stock that drop from $199 to $97 a high flying internet stock, I don't think so." A high flying internet stock that faces a correction is still a high flying internet stock. Paul Allen is GNET's only hope. Even then I wonder how this company will make money going forward. Moreover, consider that SI will not be as valuable as more and more people subscribe. It will begin to look more and more like the YHOO boards. Datek is an interesting development, but again, I am not sure how this is going to help GNET make enough money to substantiate its price. They would have to make a real lot of money, and they really only have about 5 years to make it happen. I got rich by selling too early. Nevertheless, even I am tempted by the 100/shr selling price. Chris

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