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

To: The O who wrote (6836)	6/6/1999 10:05:00 AM
From: Hawkmoon	Respond to of 28311

the drop has NOTHING TO DO WITH PAUL ALLEN. IT'S A SECTOR PULLBACK! THE STOCK CANT GO UP 1500% WITHOUT SOME CORRECTION! O, Bingo!! And until I see confirmable proof that investors and institutions are once again willing to pay the hyper-inflated prices they were paying for the internutz in January, I'll continue to stand on the sidelines. GNET is certainly one of the more credible plays in the sector, and PA and the $300 million confirm this. But they don't call them "internutz" without just cause. This sector has seen a mania that rivals that of the radio companies in pre-depression days. I personally have no problem seeing it deflate a bit rather than being the signal of a overall market crash. That way there'll be some great bargains available from some of the more credible internets that have gone on deep sale. Regards, Ron

To: The O who wrote (6836)	6/6/1999 10:46:00 AM
From: option007	Respond to of 28311

Yes another excuse for Gnet No the stock doesn't go up 1500% straight. But it doesn't go up up up and then down down down down down....... Stocks hold if they are solide in times of turbulence. It is a test of their character. In bad times Gnet fell on it's face very hard. This shows that people lack conviction and do not believe company is worth this price. There is lack of confidence into the future. Keep making excuses, eventually it will sink in when Gnet is $30 or so that maybe you should have sold when the time was right. Just my views.