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


To: Carolyn who wrote (17079)2/25/2000 9:52:00 AM
From: jon zachary  Read Replies (1) | Respond to of 28311
 
i am enjoying reading all of the negative feedback regarding go2net this morning. here is my take. every time gnet sits around the low 90's, which is right near the important 100 level, we have not had any concrete news or otherwise to push it through. if any one of these times we do get substantial news than we should trade on the other side of 100 and find support at the 100 level and not resistance. it is plain to see that it wants to bust through because it has sat around the 90 level four times now. just have not had follow up news or otherwise to push through.

siliconinvestor.com

meanwhile, according to insider trader the institutional ownership climbs every quarter.

insidertrader.com

one of these days it will take off in the 100's and probably split again next quarter if it is in the 100's. in a matter of weeks or even days anyone holding could be up 50 to 75 % or more in very short order.

it is impossible to time everything perfectly in the stock market. But it is very possible to find a company in the highest growth sector ever with excellent management and an excellent track record so far. to the best of my knowledge i have not heard them say anything about declining revenues and growth. why jump out of a winner ? i am not prepared to take that chance.

jZ