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

To: option007 who wrote (6792)	6/5/1999 1:03:00 AM
From: yzfool	Respond to of 28311

Current price reflects interest rate hike. Timid market follows the path of least resistance first ie. popular brands like aol and yhoo and the rest of the nas 100. Then confidence builds gradually punctuated by news, PW conference, split, more news, short covering. Speculation: run up occurs in June, then unfortunately back to new hopefully higher base in July.

To: option007 who wrote (6792)	6/5/1999 1:09:00 AM
From: Dany Tremblay	Read Replies (1) \| Respond to of 28311

Option, I think that was a very well thought out analysis. I also don't think the market will regain its legs until June's CPI is behind us. But, I think investors are betting in greater confidence that the rates will not be raised for a bit. There have been many clues to this effect, including the recent $2 drop in the price of oil (barrel), the continued drifting of gold, the lack luster euro and todays report. Of consequence in todays data, IMO, is the drop in demand of durable goods. I think what is dragging down GNET right now is PA's massive interest. More precisely, the lack of a clear laid out plan from this control. Investors know what to expect of Yahoo! but not of GNET and that is why, I think, it's lagging behind. When the street gets shown what that plan is, then it will move. Until this gets resolved, even a stock split will not cause many waves. I've been personally buying back in small lots of hundred since it's parked itself in the 90's. I'm thinking I have a few more buying opportunities left