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

To: Chetman who wrote (5425)	5/12/1999 3:56:00 AM
From: Bag of Pucks	Read Replies (4) \| Respond to of 28311

With all due respect to the technicians, some good news will destroy any of the charting rules. What we need to see more from the GO2NET management is more PR - get in the news everyday if possible.... and with all due respect to the fundamentalists... GO2NET should abandon the 'profit' principle. Try running a deficit (spend big $$ on marketing) and watch the valuations go through the roof. The net analysts like to look at eyeball growth, stickyness, pageviews etc because they aren't concrete but once they focus on earnings, the nosebleed valuations start to evaporate. G02NET needs to be in everyone's faces - users and analysts alike. h

To: Chetman who wrote (5425)	5/12/1999 8:56:00 PM
From: Sam Sara	Read Replies (2) \| Respond to of 28311

You said: <At this point I just don't see a great long trade here based on TA. IMO we need to close over 160 for a few days to reestablish the near term uptrend. If/when that happens I'll be buying more.> First, let me make it clear that I do not pretend to be an experienced chartist with access to high-level TA software. My analysis is simplistic (admittedly), but you asked..... I look at chart and see GNET trading near bottom of Bollinger band (using 20 days), with MACD looking like it is in early stages of forming a buy signal. Over the last two cycle of Net stock surges, this has proven to be an early sign of a recovery. Of course, you have to believe that there is going to be another Net surge, and I do, for multiple reasons. I actually bought early- the more patient investor would wait for stock to drift into mid to upper 120's, but my time frame is weeks/months, and this was close enough to (hypothesized) bottom for me. There are, of course, numerous stocks that fit these simplistic criteria, but the fundamentals of GNET made it rise to the top for me, and made it a buy. My crystal ball is imperfect, but I think that 25-40% return is possible over 3-5 month period, and that is more than enough for me.