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


To: jon zachary who wrote (14258)11/23/1999 11:44:00 AM
From: Hawkmoon  Respond to of 28311
 
hmmm, what if it penetrates 80 ? going down ? like, right now for example..

Then what I wrote to someone in a PM yesterday might take place...

""Now let's see if we can take it to $90 tomorrow or before Thanksgiving at least.

We're overbought on the daily chart.. .but that condition can continue for sometime when a stock is near to breaking through old highs. Today should turn the daily stochastics back northward and keep them from rolling over and heading down.

We're so close, yet so far. The last I want to see is GNET fail to break a triple top. That would send it plunging back down $75 or so.""


So I'm not so far off. We're trying to hold $80/share support here... But if the overall market finally reverses and decides to correct in a major way, GNET won't necessarily be spared.

Regards,

Ron



To: jon zachary who wrote (14258)11/23/1999 5:39:00 PM
From: yzfool  Read Replies (1) | Respond to of 28311
 
GNET has evolved since making those previous tops and market has overcome major hurdles. That's why GNET is basing in the 80's and the fireworks have'nt even started. This also demonstrates the importance of share value; focus on the value and the price takes care of itself. Add to this the reality of all things Broadband, CHTR,RCNC etc, and there may be enough mass/share to justify triple digits by year end and only a brief heavily bought dip below 80 if at all.yz