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


To: Bosco who wrote (23982)1/30/2001 3:00:41 PM
From: dstange  Read Replies (2) | Respond to of 28311
 
Bosco, I am surprised that the stock has not sold off more. That is not much of a reason to own or buy, though. To me there is just no reason to own the stock unless you are underwater or really speculating, and (as someone else already pointed out) with 10,000 other stock to own, why own one with decreasing earnings and visibility?

I bought at 30 and 6. I sold my $6 shares today and will stick with my $30 because I only have a few shares and too far underwater to sell. Certainly no reason to buy in my eyes.

Sometimes when everyone is negative, it means the company actually stinks and the future is grim. They might be right.