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


To: Sleeper who wrote (12877)10/14/1999 1:22:00 PM
From: Carolyn  Read Replies (1) | Respond to of 28311
 
Where is WST, BTW? Has he sold all his GNET and moved on?



To: Sleeper who wrote (12877)10/14/1999 3:12:00 PM
From: jon zachary  Read Replies (3) | Respond to of 28311
 
>>Long term players should be buying like mad at these levels. Weakness here is market based and recovery should come quickly to GNET once the market turns around.<<

with all due respect, buying at these levels will commit you to further downside risk and less upside risk than you would get buying at 45 to 50. this downturn is all technical based and in addition money is moving out of i-nets for the short term.

i have held gnet long term through two splits and will always keep those shares, but knowing this stock and its patterns as well as other market related factors presents excellent short term trading opportunities. with the risk of offending people, i hope this stock drops down to the 45 50 level at least intraday. believe me, when gnet drops, its 35 % of my portfolio it kills. but time and time again i make a killing short term on buying it.

there are other good buys presenting themselves shortly, for those who missed recent run-ups in rnwk, cmgi and csco i would get ready to pull the trigger towards the end of this month if not sooner.

but, gnet is my baby. my new license plate is dedicated to the company.

good luck everyone, jmo's only....