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

To: BGR who wrote (6697)	6/2/1999 7:45:00 PM
From: option007	Read Replies (2) \| Respond to of 28311

Excellent Briefing Article Today.... For those of you who have access consult www.briefing.com on the tech sector, traders edge and street beat. Briefing is recommmending to clients to begin loading up on internet and tech stocks as this sector prepares for the next leg up in june. Briefing contends that sector is oversold and second quarter earnings will be the best on record. Briefing states that focus will turn from interest rates to earnings as the yahoo earnings effect takes place. The employment number should do the trick. Briefing maintains that investors should buy stocks who have strong fundamentals and good track records like Amazon, Yahoo, Aol etc. They say to avoid companies that disappointed; examples are Compaq, Dell and others. Briefing does not cover Gnet as it has a small capitalization but common sense would say that it should be bought because fundamentals are great and earnings blew past expectations. Concerning Paul Allen I believe he will eventually offer a higher price to acquire more Gnet shares. Something like $125 for another 25% of the company wouldn't exactly be out of the question. These are just my views. In the past on Aol Paul Allen did try to take over control several times. $90 I believe is just the starting point. Afterall who would offer the best price of 1st offer. Usually 1st price is the lowest offer. Then negociations occur and prices rise to better offer. Pretend you are buying a home. Would you offer low price and then negociate or bid very high. Probably try low price then, negociate. This is want Paul Allen is doing. Testing the waters. Expect more to come. Just my views.