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


To: GraceZ who wrote (3060)4/11/1999 2:27:00 AM
From: Greg Peckton  Respond to of 28311
 
I do think you are paranoid! I remember the day I bought GNET. It was
trading at $139 x $140 1/2. That's right, a spread of $1 1/2! I asked
myself what exactly my goals were with GNET. If GNET goes to $200, I would make $60 per share, if I paid $140; and $61 per share if I paid $139. Not a big deal! But, of course, if I were looking for a point or 2 of gain, then that spread will make a difference. So depends on what we are looking for from the stock, I guess.