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


To: JB who wrote (9523)7/12/1999 8:05:00 PM
From: Sarkie  Read Replies (1) | Respond to of 28311
 
I know I repeating myself, but yesterday I posted a link to a great article from the Washington Post on Internet stocks. Very bullish and pro Internet stocks.

beta.siliconinvestor.com

~Sarkie



To: JB who wrote (9523)7/12/1999 10:04:00 PM
From: PhantomTrader  Read Replies (1) | Respond to of 28311
 
Today, Cnnfn kept pointing out that the markets in Latin America did poorly and it had some affect on our markets today.

On the bright side, most of the analysts I heard today were bullish on the market overall and on net stocks for the rest of the year. They also felt that there would be no more rate hikes and that the indicators this week would show a slow down in inflation. They said that will pull in more investors. They also anticipate strong earnings through the fourth quarter and said they expect the stocks to go up accordingly. It was pretty cool to hear so much positive outlook for the market for a change. The analysts were with companies like Paine Weber.

The two that weren't bullish were pulling the "there's a 50/50% chance of a rate hike" but we still feel the market will do well. The didn't know whether they were coming or going.

I just started following the market in January. It is amazing how people scare each other into selling their stock. I think GNET will kick off again real soon and the people who sold will not be able to get back in fast enough.

I sure do wish we new more about the broadband direction/timeframe. That's the key!! When news starts coming out that they are executing, watch out baby!!