SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?


To: option007 who wrote (6757)6/3/1999 10:55:00 PM
From: Dave Krishna  Read Replies (1) | Respond to of 28311
 
007,

Great post! You are so right. The whole market does seem to be in a trance. The media has everyone on pins and needles over tomorrow's employment report. "If it's bad, you better sell your stocks." That's the message being driven. Lost in all this is the reality that a 1/4 point hike isn't going to drive all internet & tech companies out of business. Far from the truth, but you can't fight this trend. Hoping for a weak number and the start of a summer rally, but hard to believe at this point.



To: option007 who wrote (6757)6/4/1999 12:43:00 AM
From: PhantomTrader  Read Replies (1) | Respond to of 28311
 
For what it's worth, I saw two analysts on CNNFN yesterday evening (Wednesday)who said that they felt internet stocks were under-valued and that at these levels, people should start to think about buying back into leaders such as AMZN, YHOO, (and of course GNET will move up with them - my thoughts)etc. They also said that YHOO should have a good earnings report (no specifics) and that should start the move back up and give investors the incentive to buy internets again. I know I should have written down the analysts names and the companies they were with, but I didn't. I will next time.

I can tell you that there was another analyst (Bill Fleckenstein) who was negative about the internet stocks. I had never seen him before and at the risk of sounding mean, he needed a shave and a haircut. I hope this doesn't slam any investors on this thread but he wore his hair like he was living in the 70's. Oh well, a comment that stuck out was that he has been in this business for twenty years and it took a lot of know how to turn a profit. But lately with internets, investors think it is easy to pick a stock and make money (before the down turn). He needs to get off it!! Sounds like bad karma to me.

And my last thought, no matter what happens in the next couple of weeks, even if there is a little more downside, the upcoming split will benefit all share holders. Even if the stock splits at the current price, just think, post split it would be very attractive and other investors will come back.

The one thing that will "rock this stock" is for Paul Allen and Russell Horowitz to present their broadband plans to the press and then start executing. They need to make using Go2Net as the portal for the cable ventures their top priority. If you people want to see value in your stock, get them to step up to the plate on broadband. Is anyone going to be at the stockholders meeting and throw out some questions along these lines?

PT "over and out"!!



To: option007 who wrote (6757)6/4/1999 2:04:00 AM
From: Susan G  Respond to of 28311
 
Excellent post. My thoughts exactly.
Enough doom and gloom already.
I don't wanna buy Alcoa, it's BORING!!!
And I loved your headline :)

Gnet is still my largest position...
it's gotten even bigger lately.
I'm sure soon I'll be glad I had the chance to buy more.