SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 65.56-4.0%Feb 5 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: levy who wrote (23544)1/23/2001 9:09:07 PM
From: TH   of 28311
 
levy,

You are right on target regarding one of my biggest concerns. The reasons for all departures sound like fluff...and fluff ain't selling this year.

Sarin only getting 200k/yr and a long way from the strike and vest on his options probably didn't help motivate him to meet Jain's work ethic.

And Sarin leaving a few months before his first 25% vest does not support a huge upside surprise that could propel the stock to his strike.

The more I think about it, the more I am convinced it is about personality conflicts, or, gulp, lack of performance in key areas. In Sarin's case that would mean that some of the wireless deals we have been expecting might be compromised.

I find it most odd that they would do this one week before earnings. SI SY had a couple of thoughts that I agreed with, but then I started to think that this is Jain were talking about. You can't use conventional wisdom with this guy.

I'm still giving it thought, but I don't see the advantage of dumping the other "chiefs" before a bad earnings report or a lower forecast. The only reason I can think of it to be able to say to the street that you got rid of the "bad", trouble is the street thinks Jain is the bad.

Three heads gone at once, and the street does not have the same confidence in the one that remained; even if that head is a self-inflated jumbo.

Here is a Cnet story. Not too pretty.
yahoofin.cnet.com

Here is a ZDNet story. Not too pretty.
boards.fool.com

HAGO

TH
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News