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Microcap & Penny Stocks : INSP Investors Research -- Ignore unavailable to you. Want to Upgrade?

To: tahoe_bound who wrote (473)	2/13/2002 9:26:09 PM
From: michaele23	Respond to of 787

Thanks for your views, I have no problem with pro forma reports as long as they deduct one time only gains as well as losses, in truth it should give you a better picture of the companies actual growth and revenues. Obviously in some cases that has been used to fool investors, but I think those days are over. I think INSP's low price reflects the fact that they are as yet unproven, but they have a very good chance of being in the right place at the right time to become a very large company. I think people are also disappointed with the "bubble" and with Jain's overhyping of the company, but all that is over, but still the reaction continues, as is typical. We have gone from greed to fear, and the fear continues. The economy is doing a lot better than the market is so far giving it credit, and I think that is because people are in fear mode still. Usually the market projects six months ahead, and six months ahead it appears we are going to be seeing 3% annual growth, and the market does not reflect that, it is stagnant. Technology went into a bubble because it is going to be a huge growth area, it just got overdone, way overdone too early, but that doesn't mean it isn't going to happen. There are going to be a huge number of people going on the web with wireless devices, we just don't know how soon, but it will happen. So, I would be careful with the gold stocks, if I had bought at the bottom a couple of weeks ago I would be taking profits now. I think people are going to be surprised at how well not only the US economy does this year but most of the rest of the world as well. Prediction, we will go back into greed mode in the next three months.[g] It just won't be quite as bad as the last one, traders are already trying to do it with gold now. Long term metal prices are going to continue to drop.