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


To: atskaggs who wrote (16590)2/1/2000 3:05:00 PM
From: New Dog  Read Replies (1) | Respond to of 28311
 
As always I hope for the very best for this stock, but we have turned into a earnings play company. No reason to own us until earnings season, then load up and sell into the news. Hey, it's been great to trade buy a chunk and sell into strength, but for those of us who have substantial positions this stock has come off the track. Take away the two one day moves north of 100, we have been in a range of 55-85 for months. For a company growing as fast as we are, and posting the kind of numbers quarter after quarter, the stock has been a under performer.
We need more following or we will follow this trend all year. I,m sure Russ is very well aware of this growing problem.



To: atskaggs who wrote (16590)2/1/2000 9:57:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 28311
 
Let's keep our fingers crossed for .25-

I'm not overly worried.. Given the recent damage that has been inflicted on the Euro due to a strong dollar, if he hikes 50 basis points, he'll cause a panic in the that currency.

Afterall, why hold Euro denominated bonds drawing 3% when you can buy dollar denominated ones drawing 6%??

Already there are rumblings that the European Central Bank will have to raise rates over there, despite the weak performance of their economies.

That equates to the ECB being forced to defend their currency and could cause some major financial dislocations in the derivatives markets from managers who were fairly sure that rates would stay low in Europe.

Just my opinion.

Btw... as for GNET... we need a major up day tomorrow. We are sitting on the bottom arm of the 30, 60 and daily Bollinger Bands. Nice BB pinches forming on the 30 and 60 minute charts indicating a major move in one direction or another... (praying that it is upward).

US dollar likely to go to new highs over the next coming weeks and should keep foreign capital moving into the US to participate. But beware of the Bullish "hangover" when the dollar tops out.

Regards,

Ron