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

To: WallStreetTips who wrote (6225)5/26/1999 10:43:00 AM
From: Hawkmoon  Respond to of 28311
 
WST,

GNET doesn't trade in a vacuum. It's brethren are being slammed rather hard, having broke key 50 dayMA support levels in the IIX and DOT internet indices.

The internet sector won't slow its decline until the necessary "damage" has been done to AOL, AMZN, EBAY, and YHOO. When they find support and turn upward, then the damage assessment will commence.

But we hope, with the recent mediametrix report, that GNET will be one of the first to recover since it is gaining marketshare, not losing it.

Regards,

Ron



To: WallStreetTips who wrote (6225)5/26/1999 6:09:00 PM
From: yzfool  Read Replies (1) | Respond to of 28311
 
I agree with you, GNET is a strong buy at these prices. I admire your enthusiasm, but at the risk of sounding like a broken record, I want GNET in the hands of strong not weak investors that may have sold off this am, as JK phrased it on CNBC today. Joking or serious about margin purchases may give newcomers to the market and to GNET false enthusiasm possibly setting them up and the stock for a fall.


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