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


To: Hands Off who wrote (12678)10/6/1999 9:24:00 PM
From: yzfool  Respond to of 28311
 
Just daytraders selling off into a shortcovering rally. Would not read into this unless we break 60 when other nets are strong.

This is not a PA holdings conspiracy eg. CTCH had strong close today. The market is still skittish and price movement will remain enigmatic. My guess is GNET runs if it breaks 70, a gravity defying earnings run. Great Long term investment. yz



To: Hands Off who wrote (12678)10/6/1999 9:27:00 PM
From: trouthead  Read Replies (1) | Respond to of 28311
 
I know everyone is only trying to understand the market movement, but it reminds me of the four blind men who describe the elephant. Each, with his own limited amount of knowledge makes a guess as to what an elephant is. One says a snake, one says a wall etc..

With the amount that we know about the supposed sellers intentions we can not make any sense of the price movement. Could be an engineer who feels that 2 million is enough to retire on. Shrug. Who knows.

jb



To: Hands Off who wrote (12678)10/7/1999 1:02:00 AM
From: Sarkie  Read Replies (3) | Respond to of 28311
 
Interesting,
I don't own MCOM so I don't follow it. I am aware that PA has mad a sizeable investment there. If both fell at the end of the day then I would be curious to know what happened to the whole of PA's portfolio.

Patrick is the PA expert, perhaps he will have some insight.

~Sarkie