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

To: jon zachary who wrote (6356)	5/28/1999 12:39:00 PM
From: sandintoes	Respond to of 28311

Looking back, I probably shouldn't have done it, but I did tell her of all the risk involved. In the long term scheme of things, I feel GNET is a very good stock, and will definitely be in the thick of things when Allen ties everything together. She will not miss any meals because of investing in GNET, and if she really needs the money, I guess I could replace it. Don't think I want to make decisions for anyone, anymore though. Just do my own thing. Thanks for all the advise everyone.

To: jon zachary who wrote (6356)	5/28/1999 1:30:00 PM
From: brb	Read Replies (1) \| Respond to of 28311

Sandintoes, Jon's right, as the saying goes "If you can't afford to lose it, don't use it" However I think I know how you feel. I rode this all the way up and then bought on margin (against my wife's MSFT holdings) on the way down (last at 126). She's not a happy camper! (First and last time I'll use margin) Kicking myself for getting caught up in all this "irrational exuberance", ignoring the signs that the market was due for a breather and not taking profits when I had the chance. My wife's wanted to kick me several times in the last couple weeks I'm sure. With all the news re earnings/mergers/acquisitions at GNET I didn't think we were going to fall this far, figured there was more upside as opposed to downside. Doubled my money in RNWK, got out, and watched it go another $100. I guess the greed factor kicked in with GNET, along with enthusiasm for their future. I, along with many of us here I think, have watched many friends and family who have have never bought stocks before suddenly buying up internet stocks like crazy in the hopes of easy money. The comparisons to the 1920's are scary though I think the circumstances today are quite different. Anyhow, fwiw hang in there. Nothing's changed at GNET except alot of good news. It's still a good long term buy. Interesting article comparing top 10 Jan/96 vs Jan/99: 209.185.130.250 Cheers!