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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 93.32+1.3%2:48 PM EST

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To: brb who wrote (6524)6/1/1999 1:12:00 PM
From: Blue Snowshoe  Read Replies (2) of 28311
 
I noticed GNET mentioned as a internet company on CNBC also. Respect? I also noticed something last night that means many things but I'll only mention what I think is the bottom line.
Check out msn.com and look up the profile on GNET. 6.6% Institutional shareholders. 6.6%
Bottom line: 6.6%, which means we can blame this 50% sell off on who?

Here is why that sell off was and is really stupid. One thing that I think we all can agree on is that earnings drive a market or a stock.

Earnings est. for GNET
Qtr (6/99) $0.09
FY (9/99) $0.27
FY (9/00) $0.43

Go figure. BLUE
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