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


To: Bag of Pucks who wrote (23638)1/24/2001 4:46:42 PM
From: Bosco  Respond to of 28311
 
Hi Horng - a stk is just a placeholder for a conglomeraiton of factors, including mgt, core business, mkt segment etc etc. If one confuses the stk, an abstract entity, with the underlying factors, then one is at risk. Mgt has a track record. So, it may be more concrete. Still, it is not a 100%. Case in point, the investment wonderkid Ryan Jacob. He certainly hit the jackpot at the height of internet mania. Was he in the right time and at the right place? Or inherent smartness? Well, we found out the hard way last year --- people went with him lost their suit. Chances are he will grow with the experience though

Or, a simple story. A kid passed by a stream one day, and all of a sudden, a fish jumped out of the water and landed on his feet. He said, cool, this is easier than shooting fish in a barrel. So, he decided to be a professional fisherman by waiting on the same spot for the fish to jump out of the water and land on his feet daily.

best, Bosco



To: Bag of Pucks who wrote (23638)1/24/2001 5:01:57 PM
From: KLP  Respond to of 28311
 
Regarding the Financial Houses on Wall Street....

You are right of course, but that's what the shareholders of GE say too...We are all looking at bottom line, but I personally feel if the credibility of the top officers in a company is not there, I won't invest money in the company. Period.

This has been a good experience for most of us....Even if it has been a very costly experience.

In fact, last night I received a phone call from a broker (3 1/2 years in the bus).... doing a cold call. Usually I decline to listen. This time, I talked rather than listened. Said that if he got the chance he might:

1) Tell his management team who could tell their Hdq on Wall Street that more of us are paying attention. Not just "day traders" but people with money to invest, and who have invested. If and as we are finding that their "guidance" over the few months is a bunch of 'hooey'....then what good are they, and how can they possibly manage our money.

2) Internet isn't and shouldn't be a threat to them, as I think many of them believe. Rather, it can be used as a tool, in order to have a better educated investor.

3) Most of us are looking at the events of the last several months, and wondering just how much the major houses have had to do with the current price of various stocks.

For example, how can a stock be valued at $135+ seven months ago, and be $6+ now? Have they made money on the downside for their clients? Have they been aware of any thing that would put their target so far off the map? Mind you, that article was written in July, and the market had been falling since April, when MSFT was hit by the Justice Department....



To: Bag of Pucks who wrote (23638)1/24/2001 5:55:26 PM
From: Carolyn  Read Replies (2) | Respond to of 28311
 
Generally, yes. But compare Russell Horowitz and Naveen Jain.

That says it all.



To: Bag of Pucks who wrote (23638)1/24/2001 6:33:06 PM
From: Sarkie  Respond to of 28311
 
The management team is the driving force behind the company.
Too many good companies have gone under because of poor management.
I would be far more comfortable investing my money in a company with a good management team with a proven record, one with an ability to look ahead. A team should be able to work together as a single unit, all of which Go2Net had under the leadership of Russell.