Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Sarkie who wrote (22773)	12/13/2000 1:10:25 PM
From: ayahuasca	Respond to of 28311

interesting article. INSP has been compelling over the last couple of days. The ML downgrade seems to be a bottom, based on what has transpired since. While that hit took 20-25% off the stock (on an otherwise positive day for the Nas), it has managed to climb back about 15% on very heavy volume during a period when the NAS is down a total of about 160 points. That's impressive and significant. I don't think a 'dead cat bounce' from the drubbing would occur to this degree under existing market conditions and with this much volume. I think INSP is headed higher from here and should be a significant beneficiary of the January effect. Tax loss selling might be a factor for another couple of weeks, and of course everything is beholden to the ultimate direction of the overall market, but with that said, I like it here. Anyone else have opinions on the last couple of days action?