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


To: Sarkie who wrote (17068)2/24/2000 10:52:00 PM
From: Dave Krishna  Read Replies (2) | Respond to of 28311
 
Sarkie,

I am starting to think that playa may be right in his decision to go. I can't believe I'm thinking this way, but I am fed up with the stock performance and lack of news on the broadband front. What really bothers me is the stock action. Relative strength and accumulation/distribution are great readings on what the market thinks of a particular stock. GNET had always had high ratings, but as of today it's relative strength has dropped below 80 and its A/D rating has dropped to B per IBD. These are hardly positive signs. I know we keep talking about how bright the future is for GNET, but is it? The market certainly does not think so. I am really considering to sell here and move on. I am disappointed to be considering this, but you can't fight the market.

On a positive note, usually when I feel this way, it is time to buy. However, the declining RS and A/D ratings says it all. Thoughts ?

regards,

Dave #43