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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 78.75-0.8%12:13 PM EST

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To: levy who wrote (11025)8/10/1999 4:43:00 PM
From: Mohan Marette   of 28311
 
Piper Jaffray issues Strong Buy on GNET.

Tuesday August 10, 3:58 pm Eastern Time

RESEARCH ALERT - Go2Net started with buy

SEATTLE, Aug 10 (Reuters) - U.S. Bancorp Piper Jaffray initiated coverage of Go2Net Inc. with a strong buy rating, analyst Safa Rashtchy said in a report.

-- Company is trading at 40 times estimated calendar 2000 revenues of $53.3 million, at the high end of range for comparable companies.

-- Recent investment by Paul Allen and growing user base have prepared company for ``major lift-off.'

biz.yahoo.com
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