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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 93.42+1.3%2:57 PM EST

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To: Steven R. Michaud who wrote (15595)1/7/2000 12:57:00 AM
From: Steven R. Michaud   of 28311
 
Okay...let me make some adjustments to my prediction of what GNET's earnings are ...for the past quarter...

By not incorporating the 7 mil from the Hasbro deal...we have revenue at 6,256,746.47

I wasn't able to locate the amount of revenue (est or real) that GNET is making from the Authorize.net deal...if anyone knows can they post it...(so that I can incorporate)...

Anyhow...since GNET just made the agreement with Net2Phone...during the past quarter...and in that agreement they have agreed to pay GNET $15 million over 3 years...I figure it'll probably paid over the entire 12 quarters...which equals to $1.25 million/quarter...

Adding that to the above we get 7,506,746 ..and with 46,037,194 shares..that equates to ~ .16 cents a share...

Not quite between my .18 to .22 cents per share; but, what the heck sure beats what the street is saying.

Keeping my fingers crossed...if anyone has better info...please tell...

Good night.. and hang on...to your shares...this thing is going to turn around....

Steve
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