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

To: brk who wrote (17384)	3/7/2000 11:49:00 PM
From: Steven R. Michaud	Read Replies (2) \| Respond to of 28311

Hi All, A few things... I will be the first to whisper...I expect GNET to make around 25 to 30 cents/share this quarter around a 75% increase over the previous quarters earnings (I suspect they will increase normal earnings..though not as much as the previous quarter's increase in earnings. I suspect most of the increase will come from payments from Hasbro and Net2Phone. Should neither of those two payments occur..then earnings should be around 19-20 cents/share. any thoughts.. also.. Wasn't it during last year's annual meeting that the PA announcement was made? I, like the rest of you, am tired of the sideways dancing of this stock; however, when I remind myself that this is an investment...and not a trading exercise...I let it go...over the long run..GNET will outperform many other inestments one might have I hope that with the annual meeting...we will have great news, as well as, continued news in the future..this news blackout...stinks...also..would like to see GNET get picked up by other financial institutions with a strong buy...(please) also FWIW I went to this site... tscn.com and then clicked on the Dcpher button and the following technical explaination was presented (in a seperate window)..Ron...does this have any truth in what you know about technical analysis of "in this case" GNET? One curious not...they said GNET's last trade was at 89+...that "ain't" what SI has on thier quote system for GNET, nor does Charles Schwab... anyhow...thought the site was pretty good... GNET last opened for trading at 86.375. The stock traded as high as 90.000 and as low as 86.187, a trading range of 4%. The last trade for GNET was 89.937 on volume of 651,900 shares traded. The stock has traded 156% of its thirty-day average volume. The stock scores a significant decrease in long-term technical ranking, which indicates impending weakness in its current trend. GNET is in a strong uptrend as implied by a notable positive divergence from the 200-day moving average line. A moving average describes the price trend of a stock over specific period, 200 days in this case. When a stock's price is above this line, it has posted strong gains and may soon consolidate, or pull back, before resuming its uptrend. That GNET is in close proximity to its 50-day moving average line is significant. The stock is converging with this important intermediate-term indicator. That is, GNET is nearing a point of transition. If the stock moves to the upside of this line on strong volume, a new uptrend may be underway. If GNET falls below the 50-day moving average line on strong volume, it is a sign of weakness for the stock. GNET is currently performing above its 10-day moving average line, indicating short-term momentum. A positive divergence from this point of reference indicates an uptrend. If the stock is below its 50 or 200-day moving average lines, but above its 10-day line, it is a good sign for short-term strength that further signals increasing momentum. If this positive divergence occurs on heavy relative volume, then a trend reversal could be underway so watch for continued upside momentum. If GNET is significantly above all three of these moving average lines, the stock would be considered to be in a strong uptrend. Market timing relies on a sophisticated understanding of a stock's relationship with its moving average lines. Considering other technical indicators in conjunction with moving average lines is also recommended. The short-term technical ranking for GNET, as measured by a combination of the MACD indicator (Moving Average Convergence Divergence), one week relative performance and the 30 and 10-day moving average ratios, suggests that the stock is consolidating for the short-term. Therefore, GNET is currently trending sideways. Analyzing the long-term technical ranking for GNET should help determine whether the stock exhibits future growth potential given its current prices. The stock could be beginning a new uptrend or continuing a long-term one. The above report is based on mathematical calculations and, as such, no investment decision should be based solely on its conclusions. Follow this link for the full disclaimer