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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 86.37-0.5%Nov 14 3:59 PM EST

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To: Sleeper who wrote (7472)6/17/1999 6:14:00 PM
From: playavermont  Read Replies (2) of 28311
 
Yes...They will obviously use these newly authorized shares for aquisitions and FUTURE stock splits...

It is also feasible that Go2Net and Mr. Allen are planning ahead for a possible entry to the markets for future stock offering...

Lets face it, if the market for net stocks heats up dramatically it would be nice to RAISE more CASH through a second offering...Look at EBAY a couple months back...They did it and added 1.2 BILLION dollars to the balance sheet...

I know GNET has a huge cash reserve, but this will be a long fight to the top and the guy with a plan and BIG $$$$$ usually wins out!

All JMO! Please comment. Thanks
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