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


To: tahoe_bound who wrote (17556)3/16/2000 11:54:00 PM
From: Dr. Zax  Respond to of 28311
 
Hi tahoe and all

>Well, congratulations... not everyone is up like you! I >don't think its greedy to want to at least be break even.

Then hold a year and see what happens I think you'll be happy with your return. It seemed to me that the whiney complainy like playa were around the board a year ago.

>being down about 30% from the high point after stellar >earnings

In case you hadn't noticed earnings don't matter much (yet) to most of the internet stock buyers, and almost all Internet stocks are off 30% from their highs -- no biggie they'll go back up (or they'll crash). GNET will go back up.

>Im not so sure you really want to start labeling this as >more and more a value stock instead of a stock of a high
>growth company

call it what you will, compared to the other internet's, it is a Value stock. Value stocks are somewhat out of favor for the last couple years. The market moves in cycles it will come back to value stocks.... buy and hold. It is also a high growth company. It is possible to be a high growth value stock.

>well, then how about an UNjustified one!

nah, over the long run slow and steady (or quick but steady) wins the race. If GNET doubles from this price in the next 3 or 4 months, then it will be sitting 30%-35% below it's high again shortly after.

Dr.Zax
Still long #10