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

To: jon zachary who wrote (17925)3/30/2000 4:55:00 PM
From: brk  Read Replies (1) | Respond to of 28311
 
5 thousand shares

jz....this is important because now I know someone else that I can solicit to hire me as a deckhand on their yacht.

I'll bet that the rampmaster wears gold chains and drive a fancy sports car too.

Bling, Bling baby....Bling, Bling. LOL!

I personally prefer my cost basis of 8 to his of 80.




To: jon zachary who wrote (17925)3/30/2000 5:01:00 PM
From: Pareto  Read Replies (2) | Respond to of 28311
 
The lucky ones .......

- are those who stay in Maui, not looking to the screen every minute....
- or those who had some spare cash to spend on dipping stocks.....

I don't care, I'm not in Maui and have no cash. I choose 100% i-stocks. The run-up will be almost as fast as the dive. The risk of being out of a stock when mayor news or an important upgrade is published is too big. You may win or loose 10% by trading, but loose 30% for being out. Unless you are a successful trader of course.

Long term these corrections are very good for GNET as investors will take a closer look to revenue growth and profit.

Some more trivia in a down market:
The 80-20 rule has been defined by the Italian Pareto around 1890. It is a rule for statistical occurrence. E.g. a stock trades 80% of the time in a range 20% off its high and 20% above its low for the year. It means as well that 20% of our time we are involved in activities that represent 80% of value to use. To the other side, 80% of our time is waste or low value. 80% of internet companies won't make it. And 20% will generate most of the value. Conclusion: you better spend 20% of your time to choose the premium stocks and spend the rest of time on the beach.

Regards,
Pareto



To: jon zachary who wrote (17925)3/30/2000 6:18:00 PM
From: rampingup  Respond to of 28311
 
Really was not thinking about it when I wrote that, just stating something that happen today, not a big deal. Second I was not talking to you, so you really should not care what i wrote, but since you obviously do, forget I put the share amount and let's say I bought today..Is that ok. I will p.m. you from now on to make sure your fine with with my post.


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