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


To: jon zachary who wrote (17589)3/17/2000 7:08:00 PM
From: Hawkmoon  Read Replies (2) | Respond to of 28311
 
Yeah... that's a good post there on Yahoo about GNET.

Kinda figured that was the approach... keep a low profile and show 'em the money (earnings) each quarter until the street recognizes the hidden value of GNET's properties and their association with CHTR (which is also being taken to the woodshed lately).

I call it the Fleckenstein effect... <VBG>

And while I don't necessarily disagree with it given the current internut mania, it hurts to see these worthless companies receive more recognition than GNET... as well as the market cap that permits them to grow faster by acquisition.

GNET's currency is its stock. Having a bit of a promotional effort would be very nice in order to keep dilutive effects of acquisitions to the minimum.

Regards,

Ron



To: jon zachary who wrote (17589)3/17/2000 7:51:00 PM
From: Dr. Zax  Read Replies (2) | Respond to of 28311
 
94 will be anti-climatic.

Is has to be -- it sounds like you guys are expecting a huge runnup once we hit 94. Sounds to me like you might be disappointed with even 3% on the day it goes above 94. 94 doesn't mean that much. I follow TA, I watch it, and yes there is certainly some weight behind the 94 number.... but it isn't GNET's savior.

In TA, I'll look for a solid MACD and a close above the 50DMA on high volume (which we did today except for the high volume part). Otherwise I will be worried if it goes below 78 on high volume. This stock will be fine, and 94 doesn't mean all that much.

I also like the narrowing bol. bands on the one year chart. This is a good sign of things to come.

Dr.Zax