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

To: The O who wrote (21278)9/14/2000 10:07:59 AM
From: HO-MEE  Read Replies (1) | Respond to of 28311
 
I think that it is "brilliant" to start coverage on a company that will no longer exist in 30 days.



To: The O who wrote (21278)9/14/2000 10:12:24 AM
From: silversoldier a/k/a SI Sy  Read Replies (1) | Respond to of 28311
 
Redneck, when I saw that Prudential INITIATED coverage on GNET and rated it a HOLD I could not restrain my laughter. Prudential must have dumbest analysts in the world to initiate coverage and make a recommendation for a stock that will stop trading in a month.

Sy



To: The O who wrote (21278)9/14/2000 1:00:03 PM
From: Sgt. Stockpile  Read Replies (1) | Respond to of 28311
 
The Hold coverage on GNET just means that that buying GNET in the next 30-60 days as a way to capitalize on the INSP buyout is not a good idea. All it means is that there is no good arbitrage here.

I agree that it's a bit strange to initiate coverage on a stock that won't be trading in a few weeks.

F.Y.I. INSP was given an $80 price target a few days ago.


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