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


To: MangoBoy who wrote (972)1/20/1999 8:13:00 PM
From: Bob Duncan  Read Replies (3) | Respond to of 28311
 
How does GNET trade vs. AMZN, YHOO, and LCOS??

I am curious because the last week or so GNET seems to trade without much regard for the sector. During this afternoons selloff GNET didn't do much at all, in fact I watched YHOO and LCOS tank whiel GNET basically floated along in limbo.

My question is, do people on this thread thing GNET will hold up if the sector bleeds badly tomorrow or does it trade in its own world? I personally think it will be interesting to see how GNET does if the internet sector corrects tomorrow. Will it hold its own on the strength of these earnings, or were people expecting this already?

For the record I am short GNET but not intentionally. I shorted 150 shares of GNET (in addition to LCOS and YHOO) at 2:30 trying to play for points. I closed out the LCOS and YHOO with market buy to cover order at 3:55. I placed a buy to cover order for 300 shares of GNET because I wanted to cover the short and go long 150 shares but Etrade said the order did not get entered in time (It was entered at 3:55)

So, I am short and trying to decide what to do tomorrow. Based on the joy of some of this posts regarding the earnings I guess I should be terrified right now but we shall see.