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

To: levy who wrote (10737)	8/4/1999 12:01:00 AM
From: Dave Krishna	Read Replies (3) \| Respond to of 28311

I am interested to read what his next update says. What really bothers me about this latest drop is the generally accepted opinion that we are going to 45 and it is support. The stock is dropping so fast and taking direct aim at 45, tomorrow probably. Few things in the market work out the way the majority expect. Since it seems unlikely for GNET to rally here, I have to question the support at 45. I have been accumulating more shares on weakness, and am prepared to back up the truck at 45, but will watch that level closely. Right now the stock has nothing to do with fundamentals. The internet sector is getting absolutely crushed and will take GNET right along with it. People are selling in August just because everybody else is saying that they're selling. It is becoming fashionable to sell in August. Hoping 45 holds. Dave #43