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

To: jon zachary who wrote (19082)	5/11/2000 11:52:00 AM
From: tahoe_bound	Read Replies (1) \| Respond to of 28311

I have basically the same supports as Ron Even though I maintain in a mini crash type scenario, there are no supports like in 1987, 1997 and 1998. Anyhow. Like I said the other day next stop $25-30, dammit I hope I am way wrong on that one. It is very typical to rally back up to the point of breakdown ($45 area here) before heading back down, but gotta enjoy this day believe me not many could be more relieved than me right now, makes it easier to hedge now again should I have to, hope not but short covering rallies usually do not last long. On the macro side, remembering 1994, when the Fed raised the fed funds rate from 3% to 6% ( 50 basis points 3 times, 75 one time even thrown in there) a slower inflation number like the retail sales would come out, and everyone would feel better like it was over. Then not long after that another "bad" number would come out to wipe that out. This could very well be like 1994. Of course the year after was a blast off for the markets. What will stop the Fed for sure?? A foreign crisis, enhanced by our Fed getting too out of control. I think people are forgetting how soon ago the Asian crisis was, the Fed raises too much, it could send them, Europe, and Lat. America on a renewed tailspin. Then they would need to lower rates. Sheesh. Thinking again about that Chase Hambrecht tech conference this week.. it strikes me that it would be a very good demonstration to present to those through a video conference showing off new broadband services. Yahoo presentation earned raves from the analysts yesterday. Yet another obvious and inexpensive way to generate much needed visibility. That may even be better than Russ or John showing up in person. Again, what would an appearance fee be, $10,000 or so? As much as I am down in this thing, I would seriously be willing to pitch into the cost of that if they don't think they can afford that. If they cannot afford that pittance, then we have serious problems. To all have a good day... sorry to sound overly negative sometimes... not being realistic in the future has been incredibly costly... this below is a very nice article. schaeffersresearch.com