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


To: mikiespeedracer who wrote (28007)1/30/2004 12:06:39 PM
From: Puck  Respond to of 28311
 
Yeah, I literally purchased as much Infospace stock as I could afford to when the share price fell below $.50 ($5 post-reverse split) in early July 2002. I was in disbelief that Infospace's market cap. was equal to half of its net cash position, and believed that the risk-reward ratio at the time was almost completely tilted towards reward, which is to say that there was almost no risk left. I believed that the market value of Infospace's stock was as absurd as it was when Infospace was at $200/share. I was quite active in posting on the "INSP Investors Research" thread at the time. I've retained most of those shares and am sorry to have sold the few that I did. I've never given up on the promise of the mobile internet and believe that Infospace has an incredibly bright future. I expect that by around the third year from now Infospace's stock price will be back at GNET merger levels.



To: mikiespeedracer who wrote (28007)1/30/2004 12:44:22 PM
From: Luce Wildebeest  Respond to of 28311
 
I'm a bit like you. I got reverse split up the you know. I'm holding 50 shares. INSP will need to at least double from this level to break even I'm just waiting till there's enough money to put elsewhere.



To: mikiespeedracer who wrote (28007)1/30/2004 8:43:56 PM
From: KERRY.COLLINGS  Read Replies (1) | Respond to of 28311
 
I've been with this since 1997 (Authorize.Net). Sold most of it in '99 and 2000. Started buying back in late '01 and like PUCK added some when it got below .50 (pre 1:10). I agree with PUCK's assessment.

Message 19751655

Just for review I posted this a year ago.

Message 18523704

Lately I've been writing covered calls.



To: mikiespeedracer who wrote (28007)1/30/2004 9:04:00 PM
From: sandintoes  Respond to of 28311
 
Sad to say, I think I was in for the first time at $84...I finally sold the last of my GNET/INSP stock at $13...



To: mikiespeedracer who wrote (28007)1/31/2004 12:30:54 AM
From: Puna  Read Replies (2) | Respond to of 28311
 
Yeah I'm also still holding 75 shares at an average cost base of $34 pre split. I wish I had Pucks enthusiasm for this stock, but he does cheer me up a notch :^)