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

To: levy who wrote (21664)	10/12/2000 3:19:02 PM
From: HO-MEE	Read Replies (1) \| Respond to of 28311

INSP is forming a classic "INEEDVIAGRA" formation.

To: levy who wrote (21664)	10/12/2000 3:55:29 PM
From: Crystal ball	Respond to of 28311

Its all OIL and DRUGS. Techs wait as OIL BUBBLE BURSTS. Keep watch. OIL STOCKS and the money stuck there is the liquidity that the techs lost. I only drive so much, but I keep finding more and more high tech gadgets all the time. I also only eat so much. Commodity Stocks like OIL can NEVER retain Growth, but techs are growth. Wait for the last lemming to jump (slide that is, off the oily slope into the oil slicked ocean of losers racing to the exits once the oil supply is turned back on.) I am, Truly your$, -Crystal Ball Is Saudi Arabia our Friend or not? Saddam is massing tanks to the West, stay tuned, we may be able to count friend on one hand soon.

To: levy who wrote (21664)	10/12/2000 4:23:20 PM
From: The O	Respond to of 28311

yesterday's news on our new leader msnbc.com

To: levy who wrote (21664)	10/12/2000 7:10:42 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 28311

it looks like a classic "limpdic" sign LOL!!! Indeed it does on the daily chart..... siliconinvestor.com Looking at the weekly chart though, it looks more like a test of support (IF WE CAN HOLD $30/share. siliconinvestor.com However, as we all know, since INSP is buying us out, we really have to look at that stock's chart to get an idea of where we go from here. They are simply just locked at the hip since there is not collar that might create the potential of the deal breaking down... So here's INSP's daily IQC chart: siliconinvestor.com And here is the the Bigcharts Daily: bigcharts.com As you can see, it's pretty d*mn ugly..... And it appears we'll have to touch $15 probably tomorrow unless we get a real ripper of a bounce at the open... AND there is the potential for $10 if we have a "throw the baby out with the bathwather" high volume capitulation (which is probably what we need). But, caveat emptor, there are several major factors at work in the market right now. We have institutional funds trying to close their books for the year and lock in their bonuses (if any).. That means they have to sell their losers for the tax losses, but also their winners. And since this is EASILY the 2nd worst year, if not the worst over the period of time (btw, these statistics are provided by a TA guru I listen to on the radio)... Anyway, so these money managers, who have never seen a bear market trying to figure out how to manage their portfolios in an environment they have never faced before...(bet Fleck is gloating over his prescience about these cocky young bucks).. And then, of course, we have the troubles in the Mid-East that may few investors willing to hold stocks over the weekend since we're all anticipating that Barak will escalate and launch full-scale attacks against the Palestinians. As he's been saying in the news today, weakness at such a time of tension is not something that will be tolerated by the Palestinians, who will just push even harder and more violently, so Barak feels like his back in to the wall and he has conceded all that he can. And there are rumours, as Crystal Ball has stated, that Iraq is massing forces on his western border ready to cross into Jordan and get at the Israelis (he's dying of cancer anyway so this is his chance to go down in history as the new "Saladin"). Jordan is 80% Palestinian, so we can't expect them to remain neutral (especially since King Abdullah's wife is Palestinian)... And then we have the problem of a limited capability of the US to influence events. Clinton's attempts at calling a summit were repulsed by Egypt's Mubarak and other Arab leaders... The Saudis are threatening another oil embargo should the US take sides. And that will through the world into another recession/depression, especially in Europe and Asia. Let's just face some serious facts here... This situation between Israel and the Palestinians can EASILY find a lot of these nations going over the brink VERY QUICKLY. The events we saw today showed just how quickly this can occur. Arafat declared war today, the Israelis are forming a government of national emergency (essentially wartime powers), and we have terrorists blowing up US ships, sending a signal that we should not support Israel, but also at the same time possibly building support here at home for anti-Arab sentiment.... Something that may find it very difficult for us remain an "honest broker" of peace in the region. (that's what I think that bombing was all about from all reports), thus giving the extremists the scenario they desire, namely the final all-out Jihad against the Jewish infestation of their sacred holy sites (the Dome on the Rock in Jerusalem). Yes... tomorrow will be VERY interesting.... For those holding GNET (like my wife), I can't tell you want to do, but one option is just to sell your GNET and find an entry price on INSP (if you still want to be in this sector rather than energy related stocks). Good luck all!!!! Regards, Ron