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

To: Greg S. who wrote (7761)	6/21/1999 11:01:00 AM
From: PhantomTrader	Read Replies (1) \| Respond to of 28311

E-commerce to hit 'hypergrowth' GE's shift online alone forces tens of thousands of suppliers to follow or risk losing out. That's why e-commerce will hit $3.2 trillion worldwide by 2003, Forrester predicts, assuming good economic conditions. In the United States, the boom could come more quickly. "We actually believe the year 2000 is the year that e-commerce in the U.S. hits hypergrowth," cnnfn.com ******************** I don't know about anyone else, but articles like this really crank my adrenaline. It's obvious from reading articles such as this, that those people who have invested in the "players" in ecommerce right now at the beginning of this "new" tech revolution will be rewarded. GNET is one of those leaders. Now all they need to do is be one of the first out of the gate with their broadband strategy. Buying GNET now is like getting in on Dell 8 years ago...only better!! PT

To: Greg S. who wrote (7761)	6/21/1999 1:12:00 PM
From: MarX	Read Replies (1) \| Respond to of 28311

You ask if there is a technical reason for the recent strength? I think so. It has held above it's long term trendline. The June 2nd low of 90 came close to touching the l-t t/l (by the way, many have considered 90 as an absolute bottom based on the PA tender offer, but from a technical analysis point of view the most optimistic support on 6/2 was 68), and then a few days ago, when it hit a low of 99, it came even closer to the long-term trendline, but did not break it and has since been up every day. Marx