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


To: Trevor Quest who wrote (1342)2/19/1999 11:34:00 AM
From: J.N.N.  Read Replies (2) | Respond to of 28311
 
I don't think too many people want to spend $100 on GNET. They may spend $50, even though they are getting the same product.

Strange how the psychology of this manifests itself.

There will be the same amount of shares in float - albeit at half the cost.

If people aren't selling at $100 - they won't be selling twice as many shares at $50 either.

But people may bid if it is more reasonably priced for the average Joe.

Lets hope I'm right. I've been waiting for over a month and it is kinda frustrating.

I've traded in and out at minimal gains & losses in the last month.