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

To: Larry Zenith who wrote (13973)	11/12/1999 4:54:00 PM
From: levy	Respond to of 28311

Larry before you do these kind of things you have to discuss it with Levy...first of all I do not own any qcom... so you buying that stock is not going to do me any good....second I own NOKIA so thats like qcom and has not made the big run like qcom has so maybe since qcom is doing it, nokia is next.... so that would be a better play and might help me too....so sell your stock in qcom, buy nokia and I will throw in some moneymoans for you at no extra charge.

To: Larry Zenith who wrote (13973)	11/12/1999 7:42:00 PM
From: GraceZ	Read Replies (3) \| Respond to of 28311

Larry, and to everyone else out here thinking that there might be a better place to put your money: The minute you think this stock will never move, the day you wake up and decide to sell and buy one of those other stocks that have been going up....is going to be the exact day that this stock makes a fool of you and gaps up on news, runs away from you and never looks back. This has always been the way it goes for GNET. Traders come in and out of this stock on news. The longs stay on fundamentals and will reap the rewards. Nobody ever got rich scalping 3 points in a bull market. I'm not saying you shouldn't cut losses. When the fundamentals change, when a growth company stops being a growth company....by all means...get out. But what has changed here? What has happened here is that the rest of the market is in a buying frenzy. People are jumping like lemmings into the most ridiculous of companies and then trying to hurry up and sell before the next guy. Just look at the price action over on Digital Island (ISLD). Perfectly good company chugging along on no news decides to merge with a company that happens to be in the same business as the latest hot IPO....the stock goes up fifty one points in four days. I sold my small position at 74. I've seen what happens when these guys leave. Now the stock has a bunch of people left holding a very expensive bag. Back down to 50. I still like the company and I'll be back in as soon as the short-term players throw in the towel. This isn't investing, its gambling. Lets remember that the thing that drives the stock price over the long term is earnings....go with QCOM if that's where the earnings are, just make sure you jump off sooner than the guy next to you after that 4:1 split (the splitiots have control of that stock now). I'm staying with GNET because the stock price will always follow earnings and as far as I can see this companies earnings are on the up trend.