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


To: Sarkie who wrote (10188)7/22/1999 1:17:00 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 28311
 
Down 4 1/2

This is certainly the ol' "Sell on News" game.


Yep but fwiw I disagree with that briefing piece that talks about probable weakness for the nets going forward, based on past trends (buy prior to yahoo and sell at amzn has worked before). This time we saw no earnings runups after yhoo announced. Everything I anticipated based on past trends has not materialized for the sector this time around. I suspect the nets will see their st lows in July this time around and stabilize in August.

Of course there still is all kinds of junk inventory flooding the mkt and unless that stops everybody is going down further... there were 5 IPOs yesterday I believe