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


To: Sarkie who wrote (14813)12/13/1999 10:29:00 PM
From: Dr. Zax  Read Replies (1) | Respond to of 28311
 
Hi folks. Nice Day!!

After a run like that we will probably have a little pull back tomorrow morning (unless there is some news waiting in the wing). As the TAers mentioned though, a pull back is not only expected but will be the indication of a steep short term rise. I do not see 120 over the next week and a half (by Christmas) as out of the question. We've been sitting in a pretty large trading range for a long time now. The ascent out of it will be quick.
I remember at the beginning of summer (back last time we were at 99.5) when people here were saying 300 by the end of the year. Well, how's 130 (would have been 260 this summer)? close enough if you ask me. If there is a piece of news waiting we may even hit the 150. News now or not I will venture a target of 205 by the beginning of summer before GNET and the inets go into their summer slumbers. GNET remains severely undervalued compared with its peers.
In the mean time, If you want to diversify from GNET (heaven forbid!!!) I would highly recommend RHAT AKAM, and slightly recommend ANDN, and caution against LNUX 'til it gets below 150. This is where I would put my cash if I had any at the moment... certainly not going to sell my GNET for these plays that are still category of gambles with reasonable odds.

Dr.Zax
#10



To: Sarkie who wrote (14813)12/13/1999 11:16:00 PM
From: sandintoes  Read Replies (1) | Respond to of 28311
 
He also left some coal and switches for Stockboy, and a bar of soap to wash his mouth out....calling GNET a pos stock indeed...I know what it means now, and Santa and I don't like it one bit. <VBG>