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DlphcOracl

03/08/05 7:27 PM

#367287 RE: Zeev Hed #361510

Zeev: Regarding INSU.....

Sorry it has taken me so long to respond to your post. I have been out of the country for the past 3 weeks (vacation).

INSU seems to have good support at 15 looking at a 2-yr chart. However, I am as scared of its chart as you are. It is still sliding downward, slowly but surely. It might be prudent to see if it can bounce off of the $15 level, which it has tagged twice (Feb. 22 and today's close). If it can move up about 5% or so, it might be worth initiating a small or partial position. However, if it breaks $15, all bets are off.

What really bothers me about this stock is that it is poorly run. The senior management strikes me as being quite inept and "The Street" may have finally thrown in the towel on this one.