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


To: David Lawrence who wrote (114)5/8/1998 10:56:00 AM
From: Wade Spencer Graves  Read Replies (2) | Respond to of 28311
 
It looks like a tulip bulb to me!

I don't get it. The market is valuing this company at $132million.
why? Am I wrong are their sales greater than $500,000 per year?




To: David Lawrence who wrote (114)5/8/1998 11:10:00 AM
From: Wade Spencer Graves  Read Replies (1) | Respond to of 28311
 
Does GNET fit this profile?

- Market cap of over $100,000,000.
- Current stock price of 10 or above.
- Atrocious financials.
- Products based on pseudoscience or bad science.
- Unreasonable expectations of growth, a clear speculative mania.
- A religious or cultlike following among small investors.
- Very limited upside risk (i.e. bad news about the company should
be compelling and publicly available. Overvalued momentum
monsters like Yahoo are out of the question.)

If so then its a great stock to short, IMHO.