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


To: Carolyn who wrote (20838)8/21/2000 9:24:07 AM
From: Hawkmoon  Read Replies (1) | Respond to of 28311
 
Well Carolyn.. I spoke with another one of my trading gurus here in my area and he seems to think that INSP has downside to $24 and should find support there and he doesn't see us going to $20/share at this time.

He uses some proprietary software for his clients that has seemed pretty accurate. And he's the guy who taught me the merits of watching pinching bollinger bands.

We'll just have to keep our finger crossed. If we can find support there and develop a volume reversal, the upside should be to the $35 range.

Sum result is that INSP and GNET are trading stocks until the merger is consumated. Hopefully, earnings for both companies will exceed expectations next quarter and spice things up a bit.

Regards,

Ron