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

To: Vendit™ who wrote (20514)	8/2/2000 9:00:29 PM
From: Hawkmoon	Read Replies (4) \| Respond to of 28311

GNET will likely test $53 1/2 in the next day or so. Vendit, GNET is no longer the chart you must watch, for the anchor around its neck is INSP. siliconinvestor.com If INSP breaks $30 support, then I'd wager that $25/share is the next psychological support level. Once it broke support as a result of foolishlessly combinging its own earnings release and the announcement they were acquiring GNET, there was no next level of support to look at with any degree of certainty. This will hammer GNET very hard should it occur. I would wager $49-50/share will be seen unless Sarin and Russell are able to create enough enthusiasm for this marriage. Btw, I don't like the fact that we signed a $120 million breakup agreement without getting guarantees of a minimum price in return. But hey.. that's all water under the bridge now. We're all hostages to the market's support of INSP from now on. Regards, Ron