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


To: KLP who wrote (15468)1/3/2000 9:25:00 PM
From: trouthead  Respond to of 28311
 
I don't see any reason to panic because a few point drop. No sector moves together all the time. Trying to read too much into it will only have you chasing your tail and second guessing your mohters choice to have kids.

The GNET story has not changed. Just becuase others are making a nice move does not mean that GNET will suffer for it. Earnings are expected at 8 cents. They did 12 (proforma) last quarter and 8 of that was from investment capital. We all know what the market did at the end of the year and CTCH movement. I will whisper 18 and predict 127 by the end of jan.

I am jb.



To: KLP who wrote (15468)1/3/2000 9:35:00 PM
From: playavermont  Read Replies (1) | Respond to of 28311
 
Good one!

Very appropriate!

Best of luck to you and the rest of the GNET Longs!

One more quick note. Yahoo, as we all know, has made a tremendous run from a $35 Billion Company to a $125 Billion Company in a blink of an eye (3 months). Yes, they are the most dominant brands on the web and if there was any company to lead this category it would be them! Some analysts say they should be worth $150-$160 Billion this year.

For GNET this may be a positive in that we have seen the bar raised so high in terms of valuations. Logically, GNET would have to be recognized as an undervalued stock as it relates to YHOO's valuation. Maybe not today, tomorrow, or next week...but soon. Yes, Yahoo is the much, much, more dominant company...but GNET's model embraces the same principles as Yahoo. Leveraging the technology.

Time will tell.