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

To: Dorine Essey who wrote (529)	11/15/1998 10:42:00 AM
From: michael liu	Read Replies (1) \| Respond to of 28311

GNET should split its shares at this price level. The price is a little bit to high. Only 6 million shares outstanding. 1-2 split will only give share outstanding 12 millions (still tiny). However, its price tag will down to $20. It will make share more attractive. With a profitable internet company. this kind of split should be very positive to the company. Any opinion? Michael

To: Dorine Essey who wrote (529)	11/15/1998 11:14:00 AM
From: stock leader	Read Replies (2) \| Respond to of 28311

I think GNET will have a good day. I know I am going to plow a lot of money into it when the market opens.

To: Dorine Essey who wrote (529)	11/15/1998 11:39:00 AM
From: michael liu	Read Replies (1) \| Respond to of 28311

GNET will gap up on Monday based on my previous experience. It may open at $42 ~ $46 plus 10% ~ 15% run up at first hour trading. If there is more positive news come from the company, and we will see another new high on Monday. Anyway, this is daytrade. Full of speculation. No fundamental to support my observation. In short term (3 month), I expect this stock will be traded top at $80 (around market cap at $500 million). If split, it may add another 30% on top which is around $700 million. Without split, I think the stock is too expense for average investors so we will see a big resistance at $80. I feel very safe at this price when CEO gave us his 1999 and 2000 earning projection and from Wallstreet coverage. Good luck. Too bad, I don't see any shorts here. My specialty is to make a short squeeze. Good luck for all long. :) Michael