Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : InfoSpace.com -- Ignore unavailable to you. Want to Upgrade?

To: DAY TRADER who wrote (238)	12/30/1998 11:14:00 PM
From: Alex Sharp	Read Replies (1) \| Respond to of 3070

You're so right. My timing is usually poor and I have lost my shirt several times when I tried to time several stocks. Let me tell you all a story. I owned Yahoo when it was 25, it went up to 43 in two hours and I was out. Well, I had touted the stock for months and thought strongly about it but when it fell quickly, I got worried and sold out, never to rebuy...what a mistake that was. I believed in the stock and left it. Now I believe in Infospace and even though it's falling apart, I believe we have a winner here and I am rarely wrong, I only have a timing problem. I believe that we will see big things with this company and its concept; it's just so hard to watch those volatile swings. There is so much Infospace can do with their site; it's so useful already. Thus, I will not bail on this one; I will keep it for awhile, at least 3 months and see what happens. I know, like Yahoo, that this one will be a winner. I can't tell you how many stocks I have been right with, it was only the timing that ruined me. I tried to time at least 10 stocks over the past 8 months and I didn't play that game well. Oh, another one, I touted Inktomi for months, I had been using Hotbot for months and loved it. When it opened at 30, I said no, another mistake and look what happened several months ago. And now it's splitting. And I hear that Infospace uses a similar database as does Inktomi.