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

To: yzfool who wrote (6853)	6/6/1999 11:37:00 AM
From: option007	Read Replies (1) \| Respond to of 28311

Good Point - Gnet has gotten only ahead of itself. I am not saying that Gnet is bad investment. I only say that it has gotten way ahead of itself based on small revenue, earnings per share, coverage etc. Also it is dangerous to be dependant on 1 person only as this person's decision can send price into turmoil should he bail out. Company is not giving clear direction. Is not worried about price decline. Is confortable selling at $90. Is not defending it's interests. ETC ETC... There is indirect message that seems to want Gnet to go lower. One of them is lack of buying at low prices. Dell did same thing. Everyone kept making excuses but, nobody bought. Eventually longterm investors got fed up and sold sending price plunging. I'm afraid same may happen to Gnet. Just my views.