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


To: Sleeper who wrote (6385)5/28/1999 10:46:00 PM
From: levy  Read Replies (1) | Respond to of 28311
 
These comments by a top prudential guy seem pretty much common sense considering the recent downturn but how many of you can turn that in to action.....considering Paul Allen buy in price at 90 for GNET it seems to me GNET is probably one of the best bet internets to buy right now...I have always looked at 90 as the BOTTOM PRICE for this stock..... I wish I could have figured the big downturn the last few weeks...I think I new there had to be a correction but I never imagined a 50% drop or I would have sold....sure would have been nice to have sold GNET at 199 and be buying back now......I may have missed my opportunity to sell at the recent peaks but I am not going to miss this opportunity to buy at these lows..I'm with the Pru guy



To: Sleeper who wrote (6385)5/29/1999 1:31:00 AM
From: Josef Svejk  Read Replies (1) | Respond to of 28311
 
Humbly report, Sleeper, here is the relevant section of the NBR segment with Larry Wachtel of Prudential Securities - sorry, as usual not quite what the Yahooligans claimed:

I would be buying semiconductor stocks that apply to the telecom and the Internet, LSI Logic (NYSE:LSI). (bold by Svejk)

From: quote.com

Cheers,

Svejk
proofsheet.com



To: Sleeper who wrote (6385)5/29/1999 3:58:00 AM
From: B. A. Marlow  Respond to of 28311
 
That was Prudential's Larry Wachtel, Sleeper.

Actually, Larry's a pretty good New Yorker and he was decisively bullish. What's funny about his appearance on NBR is that two days ago, Prudential's technical guru, Ralph Acampora, made a bearish call (along with Morgan Stanley's Mary Meeker, who said the Nets could decline another 15-20 percent!). The funny thing is...nothing's changed!

Bottom line is ignore the pundits and trust your instincts. Mine has been that we bottomed Wednesday morning and we won't be looking back.

BAM