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

To: robert duke who wrote (5767)5/18/1999 11:33:00 PM
From: Dave Krishna  Read Replies (1) | Respond to of 28311
 
Robert,

The story for GNET has never been better. However, the story of the
overall market is cloudy. We cannot fight that, and until it changes,
ie. inflation fears subside, GNET will have a hard time moving up. Buyers are on the sidelines for the time being. Why risk your money until the trend is more clear ? What is positive of late is the volume dry-up on the downside. Yes, buyers are absent, but sellers at this price level are becoming fewer everyday. Even in the face of the recent economic news 120 or so shows support. Hopefully it will hold and when the market outlook changes GNET will again rise from this new base. Don't let the market interest rate jitters shake you from your investment. The worriers on wall street always worry about rates, causing market corrections, but in the end the market always comes back. When the dust clears, the companies that are profitable and poised for strong growth will rise again. GNET will deliver.

Dave



To: robert duke who wrote (5767)5/19/1999 12:10:00 AM
From: Stephen O  Read Replies (2) | Respond to of 28311
 
Robert I think that you are a trifle naive. Earnings were only pennies and stock price is in $100s of dollars. GNET is the cream of the internet crop, but is it worth $125? And a split is old hat , it does not add anything to worth of company, it only facilitates more buyers and how many more buyers are there?


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