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

To: Hawkmoon who wrote (10503)	7/30/1999 1:50:00 PM
From: RTev	Respond to of 28311

It's now testing that valley of the double-top and bouncing off of 58. It would be scary if it were to break below 56. So far it's staying away, but it would break even that on another down day and give off a new collection of technical sell signals. The problem that I see is that there's not much that will turn around internet-stock sub-market. All of them are bound to rally eventually, but for how long?

To: Hawkmoon who wrote (10503)	7/30/1999 2:05:00 PM
From: MJ	Respond to of 28311

Ron Reece and others Even if we see $50.00 now----the now price would equate to $100.00 pre-split. Assuming that GNET is a go, we may have seen the early volatility give way to a downward move to a consolidation phase before moving higher. Technically, can anyone tell me whether or not there are any gaps in the stock price after GNET started its original move upward. I ask this question, because there is a theory which believes that all stock price gaps must be filled. In other words if a stock is at $20.00 and goes directly to $25.00without touching 21, 22, 23, 24 on the way up----then a price gap has occurred. If the stock subsequently goes to $75.00 for a top, then before it can go higher it would have to come back down and fill in the price gaps between $20.00 and $25.00. Ron you may be right. mj