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


To: GraceZ who wrote (3736)4/18/1999 1:21:00 PM
From: WallStreetTips  Respond to of 28311
 
GNET >>> I sold at $193, rebought at $143 5/8 and some at $160, now

Looking to the ongoing momentum and strength in stock price I expect GNET to reach NEW HIGHS this week provided that the overall market sentiment will be favorable. Also I expect GNET to surprise Wall Street by reporting a super strong quarter. GNET should beat the most liberal street estimates when they make announcements of results on 21st after close.
GNET has lots of exciting things to share and my guess is we may even hear of a possible new aquisition as it has been a long time since GNET bought the last company(100 Hot).
Though I have the fear that normally despite great results stocks drop which happened in YHOO recently, I think it may not happen with GNET as it has very low float and short sellers stay away due to that reason. Also I am expecting another 2:1 stock split announcement alongwith the results.
On your compliment "You are the King of Timing" - thanks for it and to reply your question When you think to exit again - I have to tell you it depends on the lot of things but I think I am going to stay long until results as I see GNET holding strongly and advancing ahead.

Just my views.