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


To: Technologyguy who wrote (5586)5/14/1999 12:33:00 PM
From: Dany Tremblay  Read Replies (1) | Respond to of 28311
 
You know T-guy, based on some of the recent posts on the subject of hypermart, your comment about buying the auction technology as opposed to the auction business makes a lot of sense. If true, I wonder how many investors get this very fine point? I can't wait to see how this will play out.

Regards,

Dany



To: Technologyguy who wrote (5586)5/14/1999 4:12:00 PM
From: WallStreetTips  Read Replies (1) | Respond to of 28311
 
GNET >>> Closed above $127 not at $130 per my expectation but still

It is good that it closed with a gain with good volume. DJIA down almost 200 points and Nasdaq down nearly 55 points. Only 3 stocks on Dow closed with gains rest all down. Ouuch!! I did not expect heavy selloff in markets and if the overall market was not this weak then GNET would have definitely closed way above $130. GNET could have closed above $135 if the DJIA and Nasdaq were in positive territory. Oh well, what counts is it closed in green despite another bloodbath in Internet sector.
But anyway GNET did good compared to most other Internet stocks.

GNET's today acquisition of ICQ will attract many new investors to sign up for silicon investor which in turn will increase revenues and hits for GNET.
Have a nice weekend everyone.

Just my views.