InfoSpace (INSP): Where GNET went! Message Board

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Technology Stocks : InfoSpace (INSP): Where GNET went!

INSP 143.95

+5.4%

Dec 8 3:59 PM EST

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To: playavermont who wrote (23591)	1/24/2001 11:03:55 AM
From: Susan Saline	Read Replies (1) of 28311

the reference is more to ... JAin ... than anything he did build INSP, and timewise, from the gnet merger /acquisition/Sarin entry, the stock has done nothing but fall does that have to do with the ceo sarin? I don't know but when J was at the helm the stock rocketed personally, I am glad he is back as leader It is just recently, I have been back accumulating INSP positions in the last few days of 9.5, 8 and 6 dollars Having following the company, position trading it since it's inception, I am pleased that it is allowing such decent re-entry rd.yahoo.com*http://www.redherring.com/investor/2001/0124/inv-infospace012401.html?id=yahoo Investors pummeled the stock on Monday after Infospace announced that Arun Sarin, who was hired just last April as CEO, was stepping down (although the company said he is staying on as vice chairman). The stock plunged 21 percent on Monday and fell another 14.7 percent on Tuesday to close at $6. Mr. Sarin is being replaced by Infospace chairman and founder Naveen Jain, who stepped aside as CEO following the hiring of Mr. Sarin.

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