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

To: JB who wrote (10393)	7/27/1999 8:15:00 PM
From: Typhoon	Read Replies (1) \| Respond to of 28311

Well as a put owner who sold about half his position today, I must say I liked the Seattle times article. I also sold half my amzn puts. Both these stocks look like they can go lower. I thought with todays rally these pups would be good for a rally. Not much materialized, and amzn closed at its lows. Now they look like they'll take a look at those previous levels 90 for amzn and 45 for gnet. If these stocks can't rally after all this damage, I think they are in real trouble and margin calls and panic are going to start to weigh heavy on these stocks. I'll try to wait for a big volume day to figure all the suckers have been cleaned out before I sell the remaining puts. I just think the internet stocks bubble has burst and reality is starting to set in. I anticipate more pain in the coming months.