InfoSpace (INSP): Where GNET went! Message Board

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

INSP 96.41

+3.5%

Jan 15 3:59 PM EST

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To: sandintoes who wrote (11898)	9/13/1999 5:37:00 PM
From: V.	Read Replies (2) of 28311

Your observation is often true, but typically applies in the case where a company has misrepresented or misreported its earnings. I don't see that here. It appears that the details of recent acquisitions (Authorize.net and IQC, etc.) are being reported and the decrease in cash is attributable to the acquisition as well as the huge increase in intangible property (over 100M!). So, unless I'm misunderstanding this PR, there seems to be nothing irregular here at all and is just the required & standard reporting post-acquisition that must be filed.

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