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

To: Sam Sara who wrote (5453)	5/12/1999 11:27:00 PM
From: jon zachary	Respond to of 28311

macd still pointing downward on a 180 and 90 day chart !

To: Sam Sara who wrote (5453)	5/13/1999 1:58:00 AM
From: Chetman	Read Replies (1) \| Respond to of 28311

<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.> With this stock you can get that in a few days. <g> Seriously, I would like to see this Head & Shoulders pattern resolve itself before taking a much bigger stake in GNET. H & S can be swift and nasty on the downside. If it does make a quick drop to the 100-110 range, I will buy calls and common ASAP, since it won't stay there long. Otherwise I will wait for a bottom (in the 120's?) and uptrend to develop before buying more stock. In the meantime, I'm thinking of some July calls at these levels, just in case it pops real soon like Yahoo did on Mon and Tues. If not, it should be OK by July earnings season. Good Luck with your purchase.