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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 124.41-2.3%Nov 28 9:30 AM EST

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To: B. A. Marlow who wrote (6842)6/6/1999 10:01:00 AM
From: option007  Read Replies (2) of 28311
 
DEFINE LOSS OF CONFIDENCE - HOW MUCH $$$$

You say there is no loss of confidence. This depends when you bought the stock. If you bought at $30 then the answer is no, not yet. For the majority of the people who bought over $100, there is total loss of confidence.

Look at ATHM; very good stock until recently. Use to be like Gnet now it is mid 80's as stock has started to plunge on loss of confidence.

Gnet is hanging on to Paul Allan only. If Paul Allan was so bullish on Gnet why not come back with aggressive offer now that price is low.

Because price is headed much lower. He will acquire portion at $90 and then other big portion much lower as price plunges.

Just my views.
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