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


To: Blue Snowshoe who wrote (6473)5/31/1999 11:31:00 AM
From: robert duke  Read Replies (2) | Respond to of 28311
 
I hope june is a good month. Itis so hard to buy stocks after they fall 50% no matter which stock it is. I was sitting on the trigger thinking man should I buy more or not? I though well I am 26 and have a good job so why not, and gnet has good TA charts and this company is actually making money and earnings will be good next quarter. I did and bought more gnet at 101 3/8 and more rfmd at 39 1/2 or so. Now I have a margin amount of about 25% of my total porfolio. Now the stocks need to move back up.

"I believe the bottom was last Wednesday or Thursday for internets."

I agree it looked like that was as far as the net were going to go.
Ya know everything on the gnet chart looks great except for the macd.

About 75% of my account is internets or computer chips with stocks that grow 100%+ a year. Anything less is old stuff like the steal mills of the 50's and ford and gm those stocks just don't go up more than a small amount each year. The only way we will get a return in ford or gm is if they figure ut how to levate in space and fly to the moon using a personal vehicle.. I personally think the internets are going to be the future and whynot.



To: Blue Snowshoe who wrote (6473)6/1/1999 12:46:00 AM
From: Grumman Tiger  Respond to of 28311
 
Good post...I read yours and didn't need to post the same ideas myself. You summed it up well.