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


To: Blue Snowshoe who wrote (8204)6/23/1999 11:53:00 PM
From: Sarkie  Read Replies (1) | Respond to of 28311
 
Blue

I have fished that spot. Hooked a marlin, got to watch it dance a few times, and it broke my line. Caught a dorado, that one we ate.

Don't forget to join the party tomorrow after another run-up. We will need you to drive us home.

Sarkie



To: Blue Snowshoe who wrote (8204)6/24/1999 12:34:00 AM
From: PhantomTrader  Read Replies (1) | Respond to of 28311
 
Has anyone read Barrons (June 21) this week? If not, you should. There is a GREAT article on Michael Dell. What's great about it?? Can you say BROADBAND!!

Dell, as you all know, is a business and internet business whiz!! The article said his website Gigabuys.com is already (less than 4 months) profitable. Okay, where am I going??

Some excerpts from the article:

"Nothing related to computing excites the Dell Computer leader more than the coming of broadband communications to the home."

"he admits to sharing Microsoft co-founder Paul Allen's belief that cable may emerge triumphant"

"An estimate by Forrester Research puts the number of people using cable modems at 13.6 million by 2002. Another 2.2 million are expected to be on ADSL."

"So where is the sweet spot? "Well, Dell replies, "think of broadband as a sort of Moore's Law on steroids for communications."

"Particularly affected will be e-commerce."

If you haven't read it, it's great. Bottom line as I read it is even Dell thinks cable will be King, and Forrester research supports it.

I don't know about you guys, but I am incredibly excited about where we are heading. Most people don't fully realize what is going on and won't until we are caught in the flood. And by that time, we (GNET shareholders) will have enjoyed the benefit of being here early.

Eight years ago when Dell had the catastrophe with laptops, I had this gut feeling that said, "buy some Dell stock, it will be huge." And I talked myself out of it. Then four years ago, I read an article about Dell in a magazine, and I had a gut feeling that said, "buy some Dell stock, it's a great stock." Then, my logic took over and said, "no, it's too late to get in and realize any real returns." And I didn't buy. If anyone is reading this and contemplating buying GNET but is holding back, trust your instincts and DO IT NOW!! Do your DD, and then invest in your future!!

Earlier this year, I heard about GNET and checked it out. Once again, that gut instinct said "buy it, it's another Dell." This time, I trusted my instincts and bought GNET. I'm in for the long haul (especially after riding out that gut wrenching downturn.) Notice I said "riding out" because it is over.

You can bet there are people out there today doing what I did years ago. They are talking themselves out of GNET. I only hope some of them read articles like the ones written recently about GNET, and like the one in this weeks Barron's. Hopefully, they will put one and one together and invest in GNET.

The rest of this year will be great, and next year will be magnificent. How do I know, "it's a gut feeling. I feel it in the air." I am in the technology business. I work for one of the largest communications equipment makers in the world and I am onsite at Microsoft. I know technology, and I know where it's going. And I know alot of the other GNET investors do too.

One more thing, I saw a piece on TV that showed how internet access helps companies save money. It said that it costs $1.07 per transaction at a bank if a teller is used. The same transaction costs the bank 27 cents if an ATM is used. The same transaction costs the bank 1 cent to process online over the internet. Talk about savings. The power of technology is just being realized. That's why inflation growth is virtually non-existent.

Sorry this is so long (I'm pretty excited about this stuff and GNET, so you're lucky it's not longer).

The tsunami is at hand, and we will be riding the wave!!