To: Mohan Marette who wrote (719 ) 5/14/1999 11:07:00 AM From: Bretsky Read Replies (1) | Respond to of 3070
Hi Mohan, I have to say it's an honor for you to be asking me a question as I consider you about the smartest individual in SI. I too have been watching INSP for a while. I've been learning more about the stock and tracking its patterns since it was in the mid 130's. I've also got positive feedback from John Markman, the NET analyst for MSN Investor. He came out with his favorite 21 NET stocks for the next 12 months, and then featured ATHM and INSP. In a direct email back to me it was his view that INSP could be his one home run stock. As for pricing, as well as watching its trading patterns, I've asked two of the people in SI whose TA I value the most about INSP as well. 47 seems to be as low as it will go, but IMO it's a great gamble to try to wait for that. When it goes there it seems to bounce off incredibly fast. It hit there a couple weeks ago and I didn't pull the trigger and regret it now. IMO, now would be a very good price to buy in at looking at the big picture. I'd be very surprised if we don't see at least a double by year end. I don't own any yet either as I'm a bit short on funds and have been waiting for 50, but it's a huge gamble that it will not get there, barring a market correction of course. Lately I've been holding my comfort stocks..DELL,EMC..ect, and trying to find a few home run hitters. ATHM and BRCM are two of my more recent pickups, and I've been waiting for INSP to fall back. Hopefully today will be the day. Out of curiosity, have you looked at NETP at all ? Nice hearing from you Mohan ! Good luck on all your decisions and BEST REGARDS, Bretsky