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

To: Bill F. who wrote (3059)	4/10/1999 4:41:00 PM
From: Chetman	Respond to of 28311

-OT- (sort of) bmm, my guess is it will be bullish. We've had some big spikes recently but not enough to create a "blowoff top", like we had after YHOO q4 98 earnings. Fact that inets are still moving higher after recent YHOO q1 also tells me to stay the course. Agree on the fact that so many .coms going public will eventually create too much supply. It seems that every week 2 or 3 IPO's are priced. I read that by the end of the year there could be as many as 100 new IPO's for 99. Too much supply? Probably. Right now it's all I can do to track of 60 or so. Time will tell. Also, have you notice that recently the .coms are not all moving in unison, like they did in Nov-early Jan when YHOO, AMZN et al were powering ahead almost every day? MOF, those two are actually below where they were three months ago. It looks like RNWK, DCLK,INKT and some others may have taken their place this time around. Are investors becoming more "discerning"? In a real short term top like in Jan, just about everything was spiking. When that happens, I'm out. In the meantime, I'm sticking to my projection of GNET 190+ by earnings.