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


To: Susan G who wrote (16237)1/19/2000 2:38:00 AM
From: Greg S.  Respond to of 28311
 
The Island books betray expectations that the stock may gap up even more tomorrow:

Best bid is 102, and the next best continue gradually down.
Best ask is 104-1/2 .. and the next best is 113, then they continue gradually on up.

Illustrates the potential very well. People (on Island at least) are willing to buy at any price at 102 or below .. but they won't sell until it hits 113.

My call is 112 for our next heavy resistance level (just above 52-week high). If we make it up there today on earnings alone we are in fantastic shape. Traders might play the double top and short us down a bit, but new coverage (strong buy) would push us over the resistance level .. insert short squeeze here .. then say goodbye to 100 (sorry to leave so soon!) and hello to a 128-145 trading range. But I think we'll bust outta that as coverage increases and broadband partners start to roll out the goods!

I think we are gonna see some real fireworks in the coming months. Hang on guys ...

-G