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


To: sandintoes who wrote (14122)11/17/1999 8:38:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 28311
 
sandintoes,

If GNET gets above $100, the sky's the limit. Depending on how the market holds, there is no reason that such momentum wouldn't carry the stock to $150 and beyond. Afterall, of all the "internut" companies out there, GNET is one of the most profitable.

Earnings do matter eventually, and it is tough to continue trying to sell stock to clients who are asking when the company will be profitable.

Hopefully it is one advantage that Russell has provided this company that will prove to pay off in the long run.

It also can't hurt to see some of the cash flow coming out of "Mr. Softy's" 1/2 trillion dollar market cap. Keep MSFT below $100 and this market might actually find the cash reserves available to broaden the recovery.

Regards,

Ron