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

To: robert duke who wrote (3160)	4/11/1999 9:01:00 PM
From: RTev	Read Replies (2) \| Respond to of 28311

I doubt that even the net stocks will avoid what's promising to be a bloodbath on the NAZ tomorrow morning. I suspect that anything even vaguely tech-related will fall quickly, including net stocks. So it's a buying opportunity. I finally bought a small position in GNET last week at 142. That will surely show a loss tomorrow, but I expect to take a much bigger stake when the sell frenzy ends.

To: robert duke who wrote (3160)	4/11/1999 9:05:00 PM
From: stock leader	Read Replies (1) \| Respond to of 28311

I expect GNET to go up more this week....On a more important note, TAX SEASON will be OVER on THURSDAY at my accounting firm...can't wait to hit the bar that day...overtime hours will be over!!!!!!

To: robert duke who wrote (3160)	4/11/1999 11:50:00 PM
From: Dany Tremblay	Read Replies (3) \| Respond to of 28311

Lots of hype on this thread this weekend! Now, before I start, I want all you guys to know that I am long GNET and intend to stay long for, well, say at least a couple years. One of my investing tricks which has worked nicely over the years is this: when you've done all your research and it and your gut tell you it looks like a go - bet the house. So, suffice it to say that 90% of my portfolio is GNET - I would own more but Schwab (my online broker) has a 100% maintenance requirement on this company. I've also being trading stocks for about 15 years now (what can I say, I started young). 'Nuf said, now for the cold shower. 1) We are in the midst (and maybe at the tail end) of an incredible bull market. Making money nowadays is not hard. Unless the company is floundering, most everything is rising. 2) I have seen this time and time again: buy the rumor and sell the news. Sorry folks but the stock will rise incredibly on anticipation of great earnings and then pull back or stay. We are not the only folks anticipating great earnings gang, so is the rest of the, dare I say it, worldwide investors following GNET. So, on the news, the stock will pull back. Don't agree? Look at YHOO this is week or review DELL's charts for the last 3 years. The reason is simple. At this point the stock will be over-bought and will have nowhere to go but down. So, if the earning are great, the stock will either relax a bit or stay put, depending on the run-up. The bigger the run-up, the more likely the pull back will be significant. That is not to say the run-up may take us up to 190+. But it will take some consolidation for it to move on. Of course, this theory all goes to pot if at the earnings they also announce some fantastic piece of unanticipated news, like a significant purchase or incredible rise in page views per hours or something. 3) For those of you who are so sure a split will occur, be wary. It is not a given that one will be announced. EBAY, for example, has a float of only 10.5M shares and is doing quite fine. More institutional investors will be required to cut down on the float before the float will become a growth problem. Furthermore, it is likely this stock will suffer if one is not announced due to the let down from the hype. 4) Do not hate short sellers as they are needed. No sellers, no buyers, simple as that. In a bull market and in the long long run the short seller get clobbered often. Great! But don't kid yourselves, the bull market will not last forever and then the bulls will get clobbered. If that happens, be light footed and short. I have made good, no great money over the years by shorting as required. Case in point, I made 45k last September while being short DELL. In a bull market go long most of the time. In a bear market, short often. Pray for no, or limited, sideways action because the only ones gaining then are the brokers. 5) Please take all of this with a grain of salt because you are ultimately masters of your own money (i.e. investments). These are only my musings, which I dispense simply to keep this discussion from getting stuck in a grove ;-) Regards, Dany PS: For those who care, I PMed Mr. Horowitz concerning my idea of making real time quotes available. His response PM included the following: "We are currently looking at a number of features that should really add to SI. Some of these will be included with the relaunch of the site and others will follow shortly thereafter"