InfoSpace (INSP): Where GNET went! Message Board

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

INSP 130.34

+11.2%

Nov 25 3:59 PM EST

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To: option007 who wrote (6792)	6/5/1999 1:09:00 AM
From: Dany Tremblay	Read Replies (1) of 28311

Option, I think that was a very well thought out analysis. I also don't think the market will regain its legs until June's CPI is behind us. But, I think investors are betting in greater confidence that the rates will not be raised for a bit. There have been many clues to this effect, including the recent $2 drop in the price of oil (barrel), the continued drifting of gold, the lack luster euro and todays report. Of consequence in todays data, IMO, is the drop in demand of durable goods. I think what is dragging down GNET right now is PA's massive interest. More precisely, the lack of a clear laid out plan from this control. Investors know what to expect of Yahoo! but not of GNET and that is why, I think, it's lagging behind. When the street gets shown what that plan is, then it will move. Until this gets resolved, even a stock split will not cause many waves. I've been personally buying back in small lots of hundred since it's parked itself in the 90's. I'm thinking I have a few more buying opportunities left

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