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

To: option007 who wrote (6901)	6/6/1999 5:13:00 PM
From: Dany Tremblay	Respond to of 28311

Option, you did not understand all of what I meant. You talk about loss of confidence in DELL and compare that to GNET. What I implied was that there was no loss of confidence in DELL, and therefore it is a poor stock to compare to GNET, whose drop is not due to lack of confidence either. DELL's stock dropped because the street is coming to terms with the fact that at some point the market will be saturated of overpriced PC's and the growth will lessen. Lack of confidence involves investors thinking a company will not be able reach its projected goals and estimated profits and sales. Lack of confidence is for a company in trouble. That is not the case for GNET, and neither for DELL as a matter of fact. GNET got slammed for two big reasons. The first being that all of the Interets got dumped. At these valuations, everything has to be right to sustain the estimated capitalizations. As you saw, all it takes is for Greenspan to sneeze in a funny way and everybody thinks the sky is falling. The second reason GNET is where it is and laggs the 1st tier .com's is that it does not have as of yet a clearly defined spot in PA's assemblage of companies. Not one that is clear to the street anyways. I don't think you lack of confidence arguement is valid.