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


To: unixgod who wrote (16854)2/13/2000 11:06:00 PM
From: Hawkmoon  Read Replies (2) | Respond to of 28311
 
unixgod...

Don't freak out over that comparison.

I just remember a few folks here discussing their belief that one or more hedge funds are controlling the trading in GNET (probably both alternatively long and short).

It was just the first company that came to mind when I posted that.

19% of GNET stock is owned by institutions, a relatively minor amount compared to other inet plays. I think most of us account for this due to RH's record of success outside of traditional investment banks circles. He got PA to do a massive buy-in, without going through a tradional IPO.

So this is just making things a bit slower over the past year as other stocks exceed GNET valuation due to strong brokerage and institutional support.

Think maybe we should do a secondary just to finally get the big bankers/brokers interested??... <VBG>

Btw, LOCH is a interesting story to observe, not to play. I'm happy that you're in at .03.. Let's just not pollute the GNET thread with that mania(Just my Opinion).

Regards,

Ron