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

To: trouthead who wrote (17425)	3/10/2000 1:01:00 PM
From: Susan G	Respond to of 28311

impatient novice investor slop <ggg> yup.

To: trouthead who wrote (17425)	3/10/2000 1:35:00 PM
From: tahoe_bound	Read Replies (1) \| Respond to of 28311

Good post Junior Balloon Both sides obviously present compelling arguments. When I don't consider both then I am no longer objective. My personal experience in the past of falling in love with companies and management has been mixed at best, after painful very frustrating trial and error it became evident that great companies running like gangbusters on all cylinders do not necessarily translate into great stocks. I won't rehash that any further, I already rambled on to you with some examples last month. (Some other ones might be Carnival Cruises, making money hand over fist, down 50% from 6 months ago now, and Staples, 21 straight quarters of 30%+ earnings growth, yet the stock is flat during the whole time.) Opportunity costs do add up after a few years, and sometimes getting stuck in the value trap is just an excuse for mediocrity. The main point I had to agree on with the post that I copied to here, was the "99.9% obscure." There may be a "lot" of deals going on down here with GNET, but what is the SUBSTANCE of them in relation to the competition. That is a matter of opinion, and probably a big question in the minds of potential and some current investors, along with the wonderings of whether or not earnings will come in less this quarter than last. I guess for shareholders the only opinion that will matter is the opinion of all knowing and wise (yeah sure) Wall Street, and if and when it will change is pure guesswork. I do know that when I bought GNET, the only 2 sites I knew about were SI and IQChart. Those 2 stood out. So did the earnings and revenue picture. The competitors like Lycos, Yahoo, NBC, Oracle (wireless portal)and the ilk all seem to have recent news that involve major partnership deals, with far more well known companies than XDrive or NDB. I also have to agree that it is scary to see the nasdaq melt up past all reasonable expectations, with GNET huffing and puffing standing in place. I mean, really, the expectations for the nas. are so wild, any thing less than perfection could spell a nasty correction. Doesn't mean it can't go higher for sure, probably will here this month and next, but really, should CSCO be projected to equal 1/3 of the national GDP for example. I don't think GNET would be immune to a healthy pullback since they have not participated in the euphoric gains. If for ex. the nas. this summer pulled back to say 3,500-4,000, would GNET still hang in at current $75-90, should it not get up off its butt here soon, or fall with the rest in sympathy? I am doubtful. Could be wrong, and hope so. I really do. That is why in my op. it is so critical to seize the day, carpe diem, in a major way, or the risks increase that falling behind the competition will be increasingly difficult to overcome both from the business perspective and the share price. On the technical side, unless the stock completely collapses here in the next 3 hours, it will have made a "higher low" once again, for the 3rd week in a row. Even though its not much and tentative. That is good. My opinion is what it is worth, and thats free! =)