InfoSpace (INSP): Where GNET went! Message Board

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

INSP 75.78

-3.5%

Jan 30 9:30 AM EST

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To: Jenne who wrote (5210)	5/6/1999 11:41:00 PM
From: playavermont	of 28311

This Paul Allen Bid "Falling Short" And... This is news to who???????? I love this stuff!! Fuel for the rocket if you ask me!! Paul Allen invests $300,000,000.00 in a company that will be the "convergence point" of his broadband network!! This broadband network will not be in real existence for about 18 to 24 months!! plus or minus! Along with AT&T and others! Forget about Mr. Allen for one minute! This company is ridiculously profitable! It is growing exponentially! It has the most popular financial web site on the net! Which is the # 1 reason people use the net! Do you people really think Mr. Allen will play to lose? Do you think his stake in this company at approximately a 800 million market cap (66 per share ) will pay off for him?? Think about it! He owns 34% of this company! Still, No comments about GNET raising more cash in the market... HMMMMM.... nobody will touch this issue.... Very interesting! All JMO!!

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