Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: OneWest who wrote (3606)	4/15/1999 9:07:00 PM
From: Cleo	Respond to of 28311

Don't know about 200, but I agree we shook out a ton of weak hands. GNET really rallied from the 140 bottom ... we should see good strength from now til earnings ... and any news on top of that will be gravy. I'm hoping anyway. :)

To: OneWest who wrote (3606)	4/15/1999 11:58:00 PM
From: Chetman	Read Replies (2) \| Respond to of 28311

After a period of such high volatility, I'd like to see GNET settle down a bit and base at levels above its old high of 156 before making a sustainable rally to over 200. Without the time to refuel, any short term spike on news to 190-200 will most likely be met with selling. Best would be a rising base into earnings, then a little selling on the news. That'll give it time to refuel for a move to new highs when they (hopefully) announce a split or other positive news a week or two later. Of course, they may well announce a split with earnings, but that wouldn't fit the pattern of inet stocks lately.