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

To: JB who wrote (7337)	6/14/1999 4:55:00 PM
From: Sarkie	Read Replies (1) \| Respond to of 28311

I would say that GNET fared pretty well today, considering. ISDEX value (53.34) (11.30%) GNET (4.00) (3.64%) isdex.com

To: JB who wrote (7337)	6/14/1999 5:30:00 PM
From: EenieMeenie	Read Replies (2) \| Respond to of 28311

Market Wrap, Mon., June 14,1999 The major averages may have closed mixed this afternoon but a close look reveals that the gains in the DJIA(sm) masked sharp losses in the broader market. In fact, the only real gains came from cyclical and oil stocks, which are disproportionately represented in the DJIA(sm). The rest of the market, including many widely held stocks that are popular with mutual funds, was off sharply as interest rate concerns grow ahead of the release of the CPI Wednesday and Greenspan's testimony before Congress Thursday. Internet issues suffered the steepest losses as traders were forced to abandon their positions due to margin calls. The outage last week at eBay is being blamed for triggering the selling by forcing traders who had only focused on the Internet's positive potential to recognize its vulnerability. For contrarian investors however, today's sell-off is actually being viewed as bullish because they are finally seeing the panic selling that tends to signal a bottom. Many contrarians believe that right now the market is overreacting to the threat of an interest rate hike and argue that once the Fed meeting is past we should see a rally to new highs. Chris

To: JB who wrote (7337)	6/14/1999 5:38:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 28311

Jack, Because when the Internutz rallied last week, GNET didn't follow through for a couple of days. If tomorrow bodes a further sell-off in the DOT or IIX, GNET, unfortunately, will not escape unscathed. Hopefully, the $90 support level will be held strongly if revisited. Regards, Ron

To: JB who wrote (7337)	6/15/1999 7:47:00 AM
From: Robert Rose	Respond to of 28311

<I agree, nice to see GNET hold fairly strongly, all things considered. JB > Actually, GNET is holding up great! I just did a little basic TA on my current stock holdings (abov, aol, athm, cmgi, dclk, exds, gnet, hlth, pcln, rnwk and yhoo). GNET and EXDS are the only two of the bunch that are still significantly above their 200 ema. And given PA's $90 price support, of those two, gnet appears to have less downside risk. To Susan G. and BERNARD and anyone else gracious enough to comment on my cmgi/gnet b-day present dilemma: unless Greenspan's news tomorrow and on June 29 changes market conditions, the prudent birthday gift now appears to be GNET.