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


To: Puck who wrote (25818)4/3/2001 11:03:02 PM
From: Carolyn  Respond to of 28311
 
You're right. But I have bitterness and dislike for Jain. Always. But it will not consume me.



To: Puck who wrote (25818)4/4/2001 1:31:04 AM
From: KLP  Read Replies (1) | Respond to of 28311
 
Puck...you've been here for some time. Most of us here have been here for a long time... Re this "painful investment episode" as you so gently put it...I can't speak for anyone else but myself, but yes, have lost LOTS of money...(not PA's type LOTS of money....but plenty enough for moi.)

Was in GNET since Nov 1997...before any splits, and when it was under $10...and then, voila', I have GNET/turned INSP, and have watched it fall to where it is today....basically under water since the Nov 1997!!! purchase.

Also in IRA, have GNET/turned INSP purchased a little over a year ago, enough shares at between $80-$90....Plus have INSP purchased before the GNET merger.

The reason most of us stayed here...and you are still here too...is because most of us paid attention, (and underestood to be the truth), to the PR AND the Quarterly Reports, and the public words spoken by the heads of the pre-merger companies, then post merger COMPANY, INSP.

Don't know about you, but it didn't make sense to sell the shares that are out of the IRA because of the reasons stated above....words DIRECTLY from the Management of the newly merger company influenced my decision.

It was only AFTER the massive termination of the Officers of the company, for whatever reason (Dec 2000 and Jan 2001), that I personally gave selling some hard thought. However, being a true long, and not chasing pennies, which by now the stock was being sold for, decided not to sell these shares because after all, Jain said in Feb 2001, that they were going to be back on track.

And what sense at all does it make to sell in the IRA...especially if one thinks the management of the company is telling the truth????

Therefore, again speaking for myself....I won't leave here. Will stick around and see it to the end. ON THIS THREAD.....There are too many good people here, and until we have either

(A) changed the title of this board again or

(B) make a new board for the folks to hang out and discuss the market in general...and have fun while we are doing so....

I hope that people won't renounce this board.

After all, by doing so, we deprive ourselves of learning about the things that can happen in the stock market....and DID happen here.

You've been here for awhile too....not as long as many, but longer than most.

Message 12326889
Dec 1999

Message 12868310
Feb 14, 2000