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


To: Josef Svejk who wrote (6635)6/2/1999 11:23:00 AM
From: anyer  Read Replies (1) | Respond to of 28311
 
I would want the best price I could get. I don't care about PA and neither should you. Not a buy till chart bottoms.

Regards




To: Josef Svejk who wrote (6635)6/2/1999 12:13:00 PM
From: ElJeffeSD  Respond to of 28311
 
Paul Allen bought a majority stake in Metricom (MCOM) and paid (I believe) between $15 and $17 a share. It has since dropped to as low as $3 a share. It has rebounded in the last few weeks. But it didnt seem like he was too concerned (to support the price) of MCOM while it dropped nearly 80% of its value.

Seems like he puts little worry into the short term price movements of his companies and is probably more concerned with his long term plan of integrating the companies into his 'media' model.

Just my opinion.

Jeff