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

To: EenieMeenie who wrote (965)	1/20/1999 8:38:00 PM
From: Cleo	Read Replies (1) \| Respond to of 28311

I also lost my rear shorting both EBAY and AMZN. You can imagine. My thoughts on the earnings are pretty basic ... .01 cent was predicted, .04 was realized. Also that the number is positive, not negative. Ergo, this should translate to a pop IMHO. Second, the split should help support this and provide a safety net (generate longer term interest in the stock than just the earnings report would have.) I agree there is always the danger of the internet stocks in general taking a pretty good hit... as some did today. It is really encouraging that GNET was strong today, even in the face of that trimming, and this was before earnings were announced. Also we could easily see a bounce tomorrow in the stocks that were trimmed, thus lending even more support. If everything falls apart and goes to hell, then I guess I will have to retire my plans to see this stock rise to 165. :) But then, the market sages have been predicting collapse for low these many months and it hasn't happened... just some corrections. Finally, don't forget that even in less than favorable environments the street does value performance/earnings. GNET is likely to be guite strong (or at least solid) for a while. Those are my thoughts.