SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : InfoSpace.com -- Ignore unavailable to you. Want to Upgrade?


To: A.L. Reagan who wrote (1579)3/14/2000 7:14:00 PM
From: leo_bloom  Read Replies (1) | Respond to of 3070
 
Hi, A.L. Fellow long-suffering Globalstar/Loral long, here. Regarding Infospace, I bought a few shares on a perverse whim last November as a kind of counter-strategy to the one I'd been pursuing with Loral. (I put on a "What, me worry?" t-shirt, pasted some I-net and dot-com company names on a dart board, and threw a dart.) I'm grateful for the result, but I've remained incredulous through the whole run. I kept checking to make sure I wasn't missing anything with the price-to-sales ratio beyond the stratosphere. So I began selling a few shares here and there. Yesterday I sold a third of my remaining shares. Then I came across the article that quoted the CEO boasting of a future trillion-dollar market cap, etc. I sold the rest today. I could be totally wrong about my perception of the euphoria/hype that has been moving this stock, but if I am, so be it. It was fun while it lasted. Time to move on.

Leo



To: A.L. Reagan who wrote (1579)3/14/2000 8:03:00 PM
From: jhg_in_kc  Read Replies (1) | Respond to of 3070
 
bot a steak dinner tonight. I paid for it with a few RMBS shares I sold at the open this morning <g>
PS what exactly did the CEO say about God and INSP? can you post it. He is a piece of work, that guy.