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

To: playavermont who wrote (16364)1/21/2000 3:19:00 PM
From: jon zachary  Read Replies (3) | Respond to of 28311
 
ITS PRETTY FRUSTRATING, ISNT IT ?

now the whole street knows that after gnet takes one big % run-up you can just short it because no big boys come in and give it support, and they dont announce any big news. they just bleed it dry...

jZ



To: playavermont who wrote (16364)1/21/2000 4:42:00 PM
From: Larry Zenith  Respond to of 28311
 
One full day after earning release, the trading window opens, employees of the company get a chance to sell their stocks, or do that cashless stock option exercise. That always put some pressure on the stocks.

I think that is the reason. Another apparent reason is that despite fantastic earning, GNET has not convinced the institutional investors to get into it, look at the volume, measly 450K, half of average volume.

Larry


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