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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?


To: Josef Svejk who wrote (7041)6/7/1999 2:19:00 PM
From: V.  Read Replies (1) | Respond to of 28311
 
Hi!

Check this -- just out on the wires:

fnews.yahoo.com

GNET quote there in the upper right hand corner along with the OTHER first tier nets... mentioned by name in the article... Looking good, looking good!

Hope the rally continues, and next line of resistance is at 120ish should we hold this level. Unless we see another overall market or sector meltdown, happy days are seemingly here again...

Payne-Webber conference, shareholders' meeting, stock split, then earnings... :) What other 'option' is there but UP? ;)

Exerpt from the article [emphasis added]:
====================================================================
Bottom Line:

While interest rate concerns and inflation fears may persist through the summer months and keep high multiple stocks under pressure, Internet companies with solid franchises like Yahoo, Lycos and Go2Net are well positioned to thrive. It is important to also note that while recent Media Metrix numbers have pointed to an overall slowdown in web usage in the month of April there is some contradictory evidence. For example, recent trends at portals Lycos and Infoseek showed growth in April. Nonetheless, because of the potential for a summer slowdown, Web companies may well provide cautionary guidance on traffic growth over the summer months. Thus, while a rally may be in store in the near term, it could still be a sluggish summer for net stocks.