Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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Pastimes : Discuss Go2Net's acquisition of our beloved SI -- Ignore unavailable to you. Want to Upgrade?

To: freeus who wrote (373)	6/29/1998 4:41:00 PM
From: purecntry5	Read Replies (1) \| Respond to of 446

Sound like you have a good "system" there, could you please notify me when you buy into an issue?? <G>...... Does it also work the opposite way when you short a stock? I think the GNET appreciation was due to all the engines up on split ans split rumor frenzies....would be careful buying here for the long term. €á

To: freeus who wrote (373)	6/29/1998 10:29:00 PM
From: Dan Good	Respond to of 446

Was the up movement today just general basing or was there a reason for the 1+ point rise? The internet stocks in general are taking another run it looks like. With XCIT up almost 10 and YHOO up almost 6, and others continuing their climb, its only natural for GNET to follow the footsteps. But here are alot of 144 filings as of late (although I don't have access to them). And the increase of authorized shares may have some investors staying on the sidelines. That may account for the consolidation at the price levels we have been seeing for the last few weeks. If we can break the resistance at the lower 30's the stock may see a run like the "name recognized" stocks are seeing.