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


To: Bajasurfer who wrote (888)1/16/1999 3:41:00 PM
From: Bob Duncan  Respond to of 28311
 
Robert,

I agree with you regarding the MM's. To be honest I think an MM's dealing with internet stocks are espeically nervous with all the "bubble" hype going around the press. They do not want to be left holding the bag, which I think explains the price action in GNET the first hour of trading each day last week. Notice how they moved it sharply one direction each time, the ran it sharply the other direction, and stablized the price very close to even between the high and the low. This held up more or less through Friday afternoon when they let it slip down closer to the low then to the high.



To: Bajasurfer who wrote (888)1/16/1999 4:57:00 PM
From: Susan G  Read Replies (1) | Respond to of 28311
 
I agree that major manipulation is going on. At one point Thursday or Friday the spread was in excess of 1 1/4 points.