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


To: jon zachary who wrote (5525)5/13/1999 6:18:00 PM
From: GraceZ  Read Replies (2) | Respond to of 28311
 
Jon- Unfortunately, what every body needs to do is take a deep breath and remind themselves why they bought this stock in the first place. If you bought at the recent high for short term profit, you might as well take your loss and go home. If you bought for the long haul, turn off the quotes and go for a walk, go out to diner and stop looking at it.
I can say with almost certainty that you will regret selling the stock at these levels and more than a few will be kicking themselves next year that they did not buy more. The late spring/early summer is not kind to tech stocks and it never has been....use this knowlege and profit from it next year. By the time we split next month, it will be too late to try to jump back in. The daytraders are playing the big spread on GNET, both long and short....even a few "true believers" are playing the spread.

As long as you are emotional attached to this stock you are not going to have the temperment to do this. I have been able only to play like that with stocks that I don't have a long term commitment to. This company is going to do REALLY well in the next three to five years....its going to be hard to hold in the next three to five months, both on the upside and down.

If you had been in Intel as long as I was, you would have been conditioned to call your broker every time the stock took a dive (which it did EVERY YEAR, every time Kurlak sneezed the stock caught cold) and buy more. My family would congratulate me for my investment acumen every Christmas and offer condolences every July 4th picnic.



To: jon zachary who wrote (5525)5/13/1999 7:09:00 PM
From: stock leader  Respond to of 28311
 
Out of about 25 major internut stocks, GNET was the largest % loser today...How the hell did that happen...



To: jon zachary who wrote (5525)5/13/1999 7:27:00 PM
From: Sarkie  Read Replies (1) | Respond to of 28311
 
Jon, I really hope you have had a few beers and are not thinking straight. What you are suggesting is called "stock manipulation." It is illegal and unethical. To even suggest that the management of this company be involved in something like this in order to bring aboard a buyer such as Paul Allen, is unthinkable. I certainly hope you post a retraction, because you have absolutely no basis or proof to have made the statements you just did.