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


To: Keith Howells who wrote (4855)4/28/1999 6:56:00 PM
From: WallStreetTips  Read Replies (2) | Respond to of 28311
 
GNET >>> Never panic with Internet stocks, I have noticed that:

When there is selloff within next few hours or few days they tend to come back with full force. Just to give an example last week CMGI dropped from high of $330 to $188 or something. I bought some at $192 and unfortunately got out around $209, but in next few days the stock rose to $293 at one point.

Internet stocks provide great accumulation opportunity on those kind of panic selling. Those who hold or add more on drops end up making huge profits.

Just my views.



To: Keith Howells who wrote (4855)4/28/1999 7:15:00 PM
From: DJ Oglesby  Read Replies (2) | Respond to of 28311
 
I'm way down on this stock--too far down to bail. I envy you for being at breakeven!

All due respect, how do you know when it bottoms?

Regards,
DJOglesby