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

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To: New Dog who wrote (11988)9/15/1999 1:15:00 AM
From: trouthead  Read Replies (1) of 28311
 
I don't have a problem with acqusitions or with a lack of earnings due to an acquisitive business plan. What I find disturbing is the restatement that has wiped out past earnings. I am sure this is all due to a lack of understanding on my part. But I don't like buying into a company because they are profitable only to have a later restatement wipe out those earnings. And it is not just the last quarter. The previous three quarters where they did post a profit are also gone. It feels like a shell game.

I guess I should just get over it. Hand me the blinders please.

jb
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