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


To: Hawkmoon who wrote (2387)3/24/1999 9:38:00 PM
From: LRNLATN  Read Replies (1) | Respond to of 28311
 
Good point! Primakov's mid-Atlantic U-turn may have been a statement that they want those IMF and US loans and they want them NOW. ( Maybe they would prefer to set up a direct deposit to their Swiss bank accounts. ) This could get messy - or it could get solved fairly soon. The loans could be protection money to keep their help to the Serbs from being deployed.
But why should this affect GNET?

Sideliner



To: Hawkmoon who wrote (2387)3/24/1999 10:56:00 PM
From: OneWest  Read Replies (2) | Respond to of 28311
 
Ron R, it is my gut feeling that Russia will have an insignificant and shortlived role in the kosovo situation. The US has brushed off their strong objection to the goings on in Kosovo due to the fact that they no longer have the ability they once did to sway international influence. Without future IMF funds Russia is doomed. I am fairly confident that the Russian objection will disappear rather expeditiously.

Further, it is my feeling that the market may trade down to sideways until the Kosovo situation is resolved. Having said that, and I will go out on a limb here, it is also my instinct that the internet stocks may become a "safe haven" for the next few weeks - especially our little GNET. At face value, it has acted like a champ during prior turbulent days. as you well know traders have been unable to knock it down. I bought more today at 137 and will continue to add to my position if it stays in this area. I may seem overly optimistic, but after having owned and watched the little engine that could (GNET) for some time now, I have no other reason to base my words on than recent history.

To all, invest don't trade. Good luck to you and all other GNET followers.