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


To: Charlie Schultz who wrote (3441)4/14/1999 4:09:00 PM
From: Janim  Read Replies (3) | Respond to of 28311
 
fear of what, exactly? There did seem to be a bit of a panic there, and then it looked like people started to buy back in at the end.
Do you think it was a normal correction? I mean, we don't know why it went up on monday, either.

i saw an article blaming Intel for tech woes. But I guess I was wondering if the announcement that Mako would be introducing a stock site "superior to Go2net" had anything to do with it.

decent publicity around the redesigned SI launch should offset anything related to the new stock2money.com site.

hmmph, who said they could use "2" in their name?!?

reminding myself I'm long and this is a blip.



To: Charlie Schultz who wrote (3441)4/14/1999 8:04:00 PM
From: NanoTechMan  Respond to of 28311
 
Don't Panic! REMEMBER All the Great Reasons We are LONG on GNET!

I Panicked when GNET dipped and recovered a little after I bought it at $114 pre-split... and sold at $59 post-split... I ended up buying all my shares back at intervals of (post-split) $93, $122, $129 and $142.50. WISH I HADN'T PANICKED!

I'm NOT going to make the mistake of panicking, again! Especially with all the good things GNET has going for it. Remember, this was a sector hit... not a GNET specific hit.

April 14 Update #2

GNET: STAY LONG BECAUSE...

1. LIMITED FLOAT
2. Limited institutional participation
3. Little analyst coverage to date (3 Analysts)
4. Paul Allen investment
5. Substantially Low valuation compared to peer group
6. Increasing daily volume levels
7. Solid management
8. Attractive new hires
9. Hypermart hostees increasing
10. Total number of posts on SI: 8903993 (Almost 9 Million)
11. Good Media Metrix ranking.
12. Management "very comfortable" with analyst estimates
13. Solid traffic growth to site
14. Barnes and noble relationship
15. $1.5 M per month in interest income resulting from Allen Inv.
16. New Marketing / Branding campaign in various offline publications
17. Huge marketing potential through cable / Allen owned sports teams
18. Allen relationship with Microsoft
19. Increasing level of shorts
20. Alan Braverman & NB Montgomery's relationship with Vulcan Ventures
21. Forthcoming acquisitions due to current cash rich status
22. Pacific Crest target of $200-$250 per share
23. MetaCrawler is the Best Search Engine on the Web.
24. Go2Net CEO Has Target for GNET to be within Top 10 Popular Internet
Properties by Year-end.
25. High Quality Management Team
26. SI Upgrade
27. Friendly, community atmosphere
28. Always buy quality
29. Impending stock split! (rumor)
30. Opening of on-line Retail Store (Good for marketing!)

Good Luck GNET LONGS!!!

-InternetStockMan2000