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

To: westpacific who wrote (3995)	4/19/1999 8:20:00 PM
From: Greg S.	Read Replies (1) \| Respond to of 28311

When it rains, it pours. Obviously a correction has been in the cards for some time now. But how big? Internet stocks all lost about 10-20% of their value, JUST TODAY, and not on low volume either. Most of these stocks took a savage beating last week too. Is a 35% drop in a few days going to be enough? I'd really like to believe I'm not going to lose more (paper) money tomorrow. What signals do we have that there is support at these levels? -G

To: westpacific who wrote (3995)	4/20/1999 12:12:00 AM
From: Sarkie	Read Replies (2) \| Respond to of 28311

I wish everyone would stop acting as though it is the end of the world, Internet World that is. So today was a little down, it's happened before and will happen again. They have gone back up before and will go up again. I totally DO NOT believe there will be a Big Correction on the net stocks. This is a new era in the market and is here to stay. Who really knows why the market did what it did today just as why it ran up so big last week. If we are not at the bottom, so what. I plan on picking up gems all along the way. Makes no difference where you enter, it will soon pay off. If you have any profits or are even, I tip my hat to you as you have guts Yes, I have profits. Even with the loss today, my GNET is up 1530%. I am in this long, and will stay there. Yes, I could have traded over and over and made a fortune. I could also have lost a fortune. I could have paid Uncle Sam a bundle in taxes. I could have paid a brokerage house more commission. I am holding GNET long, and will not make myself crazy with the daily ups and downs. We can all speculate on what next week will bring, but I still look at a solid company, with excellent management, fabulous financial backing, and a view of the future. I plan on riding the wave all the way.