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


To: PhantomTrader who wrote (9272)7/6/1999 12:02:00 PM
From: PhantomTrader  Read Replies (1) | Respond to of 28311
 
TheStreet.com

Interesting past tidbit from TheStreet.com. It makes me think that ANYTIME is a good time to buy GNET.

***Net Horror stories****

I bought 1,500 shares of Go2Net on Nov. 9 for 23 1/2. I sold those shares on Dec. 29 for 38, planning to buy them back later at a lower price.

Then I went on vacation the week of Jan. 4, and -- like an idiot -- I brought my laptop.

Came back to the hotel room Wednesday afternoon and hit up quote.yahoo.com. GNET ended the day up 6 1/2 at 45. Agony. What to do? Should I buy some shares on Thursday? I decided it was too late.

Came back to the hotel room Thursday night and hit quote.yahoo.com. GNET up another 10 points. More agony. Can't sleep at night. Replaying everything in my head over and over. Should I buy on Friday? No -- it's too late.

Came back to the hotel room on Friday. GNET ended the day up another 11. Now it's at 66. Agony all weekend. Why did I sell? Why did I sell? Over and over and over in my head. Why did I sell?

Go to work on Monday. GNET opens at 75. Should I buy? No, I can't. If I was late on Thursday and Friday, surely I'm too late now. Spend all day at work hitting up quote.yahoo.com, like a rat begging for a pellet in a psych experiment. Feeling pain every time I look at the price of the stock I used to own.

Midday Monday: An analyst issues a buy on Go2Net. Target price of 125. Go2Net zooms to 120, up 54 points on the day! On Tuesday it reaches as high as 142 before settling in the 100 to 120 range.

I didn't lose any money ... I just lost the opportunity to make about $150,000 in one week. To me, it feels the same.



To: PhantomTrader who wrote (9272)7/6/1999 12:03:00 PM
From: Susan G  Read Replies (2) | Respond to of 28311
 
GNET just hit 96 : ) Black and Co. is listed in Yahoo as covering GNET. Does anyone have any info on this coverage? I've never heard of them...
Thanks, Susan