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


To: stock leader who wrote (5212)5/6/1999 11:07:00 PM
From: robert duke  Read Replies (1) | Respond to of 28311
 
Cool, so what is going on with the gnet stock then.
Currently the PE ratio is about 1400.

Lets say the stock gets up to 200 a share and earnings come out at .13 or so for the quarter. Then the pe will drop to about 850. So within a year the pe ratio will have dropped by a whole lot from way out of town to something in the ball park.