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


To: Dr. Zax who wrote (6854)6/6/1999 11:20:00 AM
From: sandintoes  Read Replies (1) | Respond to of 28311
 
I did hear on CNBC, late in the day Fr.,that there had been some institutional buying. Perhaps they feel like the bottom is either here or near, and are afraid to stay away much longer. R



To: Dr. Zax who wrote (6854)6/6/1999 11:26:00 AM
From: option007  Respond to of 28311
 
Thank you for your reponse....

You presented the bullish side and why you are long. If stock drops to $30 are you still going to have same argument.

Because you made a good investment at the beginning does not mean it will remain a good investment.

You say that Allan is moving to better things. Then it is over for Gnet or what.

You say no one is selling. $100 drop in one month and you say that.

Let me clarify, no one is buying....

If you wanted a company badly and stock dropped 50% in a month wouldn't you rush to take advantage of this opportunity.

Why has Allan not made intentions on Sec to acquire more. Maybe he had no intention of acquiring 54% like he wanted. Maybe he is looking elsewhere.

Fact management is very comfortable selling at $90 in itself sends a dangerous signal. Given that $90 is a premium price expect stock to slip to mid 80's soon.

If earnings disappoint or revenue drops then, look out below. Maybe every one knows something you don't.

Just my views.



To: Dr. Zax who wrote (6854)6/6/1999 11:27:00 AM
From: The O  Read Replies (2) | Respond to of 28311
 
Great job Doc! I think this guy is also posting on the Yahoo board as "option 999" similar name and very similar posts. I don't mind someone coming here to discuss their views of the stock, but me thinks this may smell a little like someone trying to Move a stock. Well.. it makes for good discussion, and helps to keep everyone informed. I'm long and strong since October. I'm not nervous, and believe in the company's long term growth potential. If an investor does not then they should get out. What I am finding interesting is that those who saw a 100pt gain in the stock (on the long side) are somewhat emotional and belive the stock will go back to those levels. Those who have seen 100pt loss on the stock (on the short side) are equally emotional and belive that the bloodbath will continue. I really don't know what will happen to the sector as a whole in the short term, but I believe that this correction is just that, and will be healthy to the long term growth of the best internet stocks. Ones with cash on hand and a strategy for growth and profit will do well. Ones who have relied on the .com in their name to carry them have likely missed the boat. GNET has shown me a strong strategy that will take them to the next level, so I will hold and buy on dips if able.

O