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

To: Robert Rose who wrote (12587)	10/4/1999 7:51:00 PM
From: Sleeper	Read Replies (1) \| Respond to of 28311

Well, I've got a feeling the market is telling us something. The message is this: The stock price is ahead of the value. This happens with high growth companies. GNET's P/E is still astronomic, and while the future is very bright, I think such things as PA/VV's formation of the BB network is already factored into the price. So who is selling? The mutual funds that have to outperform each other or lose market share. When you lag behind the top 5 performers on Morningstar's report, you lose market share. It will take a while for GNET's value to catch up with it's stock price, so Mo-Mo players have moved on- For a while. Those investors with a 3-5 year time frame can sleep well at night. Traders are at risk here, because when the market perceives the stock price to equal or be less than the value, this stock will take off. JMHO. Comments welcome. Sleeper

To: Robert Rose who wrote (12587)	10/4/1999 8:08:00 PM
From: New Dog	Respond to of 28311

This stock has traded in such a tight range over the last couple of months that it was bound to move one direction or the other. The fact is, it is a net stock and most of the investors in this sector are very short term, they invest in the stocks that are in play. We have had all the news, buy rec's, and plenty of positive stuff to move on, but our volume has dried up, and the sell side pressure has been there every day. So the question is what will move us out of this trend? Charter, the fed, a buy rec from a major... the reality, we probably need all three...