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

To: DataBits who wrote (5070)	5/4/1999 11:07:00 PM
From: The O	Read Replies (2) \| Respond to of 28311

Here's the deal... GNET has had an incredible run, as have all techs. Now there has been some transfer of funds to the cyclicals at the short term loss to the techs. This too will pass. Everyone knows and agrees that gnet is a great co. however, certain short term situations makes some feel that this may be the week to take profits. One such situation is the perception that Paul Allen may have a more difficult time competing with the likes of At&t. I see each pullback as a great opportunity to buy into panic selling. Each time the stock recovers with a vengance. At this point the bears are coming out of the woodworks thanking G-D that there has finally been a decline. What makes it interesting is how fast these stocks move! Unlike other areas tech stock can cruise 25pts in a day no prob. with little or no news. Trying to time this thing is not going to allow you to sleep at night.. prob tomorrow the valuation will once again be compelling and the stock will rocket back to a higher level. Now is the time to buy not think about bailing. If you thought the stock was a buy at 185 why now sell at 130? There has been nothing but good news. When the pullback ends, GNET will once again be a leader to the top. O