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

To: robert duke who wrote (6609)	6/2/1999 10:07:00 AM
From: WallStreetTips	Read Replies (2) \| Respond to of 28311

GNET > Why it is too late to short but time to buy now, Remember this GNET >>> Why GNET is a Superb Buy , Keep this is mind too With recent bloodbath in GNET provide great chance to accumulate. GNET is a great buy because of the fact that the price is inclusive of 2:1 stock split. At today's $95 it is just a super super great buy in my opinion. Usually stock with split starts rising when the split date comes near which should happen in case of GNET as such it is not just a long term good investment but it is superb short term investment too. GNET will split not too long from now. I am 100% sure that GNET will rise from $95 level in coming days. Also there is heavy short selling status presently in GNET. Lots of short sellers have been shorting the stock since it almost hit $200 on split announcement. Some shorts with multiple identities on Yahoo message board for GNET are trying to scare the investors. Their posts are senseless but do scare some people that listen to strangers. Yahoo message board is classic example of hypsters and scam artists but unfortunately it hurts the stock. Silicon Investor posts/posters are much matured and reliable. All the shorts should start straightening their positions so I anticipate heavy buying any day any moment and with that happening we will see a buying spree in GNET. Also GNET is one of the handful companies to have huge cash ($300 Mill) on hand so I expect aggressive growth. SI is about to reach 10 Mill mark sometime this week which is a major milestone. Also tiny float of GNET could spur strong rally on good news or buying from Paul Allen from open market. Let us not forget at these solid facts which are positive: GNET now has it all : Web Portals - go2net.com ( Like Yahoo, Lycos, Excite ) Online Auctions - haggle.com ( Like EBay, Ubid ) Web Hosting - hypermart.net & virtualave.net ( Like Exodus, Verio ) Web Rankings - 100Hot.com ( Like Media Matrix ) Financial Sites - Stocksite.com,SiliconInvestor.com and IQC.com( Like Motley Fool, Raging Bull ) Internet Search - metacrawler.com ( Better than Yahoo, Lycos, Excite ) Web Businesses Directory - usaol.com ( Like may be AT&T, Sprint, MCI ) Games - playsite.com ( Like may other games providers on the net ) E-Commerce - webmarket.com ( Like many others on the net ) Also metaspy, useless pages etc. Add some of the recent acquisitions to the list of already attractive sites. In near future with Paul Allen's entry I expect GNET will become involved in Cable Internet Access category just like Excite - @Home relationship. That should be very exciting. Paul Allen has been very aggressively building its wired world strategy which will definitely richly benefit GNET in my opinion. On 10th June CEO will be making a presentation at Paine Webber conference in NY and thereafter GNET is confirmed for upcoming Furman Selz conference. My 12 month price target for GNET is $200 - $250 GNET is a SUPERB STOCK and my opinion it is a MUST OWN stock at this low price of just $95. Just my views.