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

To: sandintoes who wrote (19761)	6/27/2000 10:58:00 AM
From: trouthead	Respond to of 28311

In the current climate of interest rate hikes and "show me the money" internet stocks, barring any news, are going to stay in a trading range. News, such as what hit AMZN from Lehman Brothers, will cause some exaggrated moves, both up and down, but will only stretch the trading range. The break out will occur...That is the 64,000 dollar question. GNET appears to be well poised to take advantage of positive market conditions. Positive cash flow and money in the bank. But I have no idea when things will turn. Could be years. I do know that two things need to happen for GNET to really take off One is improved growth numbers. They have been at the 12 to 13 million mark in the media metrics rating for several months. And two, they need to begin to show a positive PE. I am sure people hear about GNET, begin to research and hit that -5.17 PE and run for the hills. Now bottoms up. jb