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


To: Bill F. who wrote (2594)3/29/1999 5:47:00 PM
From: Josef Svejk  Respond to of 28311
 
techstocks.com



To: Bill F. who wrote (2594)3/29/1999 6:19:00 PM
From: EenieMeenie  Read Replies (1) | Respond to of 28311
 
All I can say is, if you think GNET has momentum now, you'll flip when you see this stock a year from now.

This valuation is a joke. Media Matrix is a lagging indicator folks.
I have been kinda hoping that this thing would tank so I can buy more, but what the hell, I already own a bunch already, might as well reinforce what everyone is already thinking.

To show you how crazy these stocks are I bet GNET takes off when they release the new GNET interface barring they don't buy out somebody before then.

The way I see it, if you invested money in January and Feb you were investing in a very different company. GNET is a very different animal now. 300 pre-split is not that crazy given what has happened here. There was some definite risk involved. Not now.

GNET's biggest asset is not Metacrawler, not SI, not Playsite or some other abstract Internet concept like Hypermart, and E-commerce tools...Folks, things have changed. The big story is its bulging bank account. This thing probably has more cash than Yahoo.

You wanna talk about news. How about GNET buys Blue Mountain Greeting Cards. Can you imagine what would happen if we saw this?

Cash is king and I am leveraged to buy some in this company. Am I being inconsistent here?

Chris