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


To: sandintoes who wrote (12586)10/4/1999 7:38:00 PM
From: Robert Rose  Read Replies (2) | Respond to of 28311
 
<but someone is selling every time we have a reason to rally. >

Seems worse than that. The stock has declined from a strong base in the upper 60's....



To: sandintoes who wrote (12586)10/4/1999 7:58:00 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 28311
 
. I'd like to know who or why "THEY" are selling.

Sorry if this has already been mentioned, but two key areas for gnet growth are a little controversial right now... first is the portland open access case which affects AOL/athm and all the broadband carriers... Portland recently issued a statement that it is looking at other cable providers because T refuses to open up... if T buckles and allows open access then Charter will likely do the same...

The other thing is that Amazon has made aggressive moves into small business with its zShops venture... there is also some regional initiatives at ebay that I don't know much about... I'm not sure what the impact could be on hypermart.

Also over the weekend Blodgett made some statements that there is consolidation in the industry, fwiw.



To: sandintoes who wrote (12586)10/4/1999 8:18:00 PM
From: yzfool  Read Replies (1) | Respond to of 28311
 
I would'nt worry. Other nets down or stagnant as well (YHOO etc.) Besides GNET usually marches to its own rhythm. Also, in view of recent announcements, partnerships, alliances etc., it is not time to sell. Is it time to buy? Definitive yes! The story keeps getting better and the price is several month old, compliments of the FED. But if investing were that easy, every one would be their "own sugardaddy." Aside from rates,Y2K, and yen stunting the market as a whole, sidelined cash needs to see the money shot ie earnings, revenues, media metrix growth, and institutional/media recognition eg. inclusion in HHH, which is a great achievement.