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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 65.70+0.2%Feb 6 9:30 AM EST
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To: Sarkie who wrote (19031)5/11/2000 12:20:00 AM
From: Sr K  Read Replies (2) of 28311
 
I laughed when I read someone thinks there are 31 m shares outstanding and no one challenged it. (there are ~42 m diluted, or there is $450 m preferred standing ahead of the common); and
when I read that GNET is profitable; and
especially when someone calculates a P/E on projected operating margins, pretax. Fairly soon, these pr twists of GAAP will be constrained, and everyone will use the same figures. That's the adjustment that is taking place now, IMO.
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