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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 124.52-2.2%12:59 PM EST

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To: Sarkie who wrote (6174)5/25/1999 4:15:00 PM
From: WallStreetTips  Read Replies (1) of 28311
 
GNET >>>> Internet Stocks are getting trashed without a reason

Take a look at today's closing and last 20 days prices on:

GNET
YHOO
AOL
CMGI
EBAY
INKT
DCLK
NETG
NTBK
ETYS
XCIT
ATHM
UBID
AMZN
SEEK

And this bloodbath is just without any major reason. None of these companies came out with any warning. Internet continues to explode worldwide and US based companies are the ones to benefit the most from its explosion.

I don't get it. Its crazy. People who were so bullish have turned bearish and have realized that it is easy to make money going short these days.
What happened to all those analysts who said YHOO was a STRONG BUY at $200 plus with a 12 month price target of $450.
Where is Needham & co ? Why aren't they upgrading GNET now?

Just my views.
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