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


To: Dany Tremblay who wrote (10517)7/30/1999 3:03:00 PM
From: Lizzie Tudor  Respond to of 28311
 
especially if investors start pulling money out of the internet sector en masse.

I think the catalyst for this might be an IPO failure of sorts... a very disappointing open for a hot issue or something. There is just too much supply in the net sector and I don't know what will stop it. 4 new IPOs today, most are junk but it doesn't matter. I'm still unwilling to short the sector after seeing so many get wiped out with that strategies but puts are fine... even if the mkt rallies I still believe most nets will fall (not gnet and the quality issues)... but goto.com, ask jeeves etc. those are too high.