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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 90.66+5.3%Nov 11 3:59 PM EST
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To: Jeff Dryer who wrote (12374)9/24/1999 9:44:00 PM
From: GraceZ  Read Replies (1) of 28311
 
is Go2Net at a $2.9 billion valuation overvalued relative to Yahoo which has a $55 billion valuation (including Broadcast.com)?

Lorraine Wang (if she really did make the "under $10" comment to the Forbes reporter) better be looking for another job... a non Wall Street job.

Jeff- You are as ticked off as we are reading these analysts (that obviously did little or no research), saying ridiculous things in trusted, mainstream, financial magazines like Forbes.

But, look at the bright side, every time I see stuff like that it points up how much the individual investor needs a place like SI to sort the truth from the drivel. I can't tell you how many times I've sat here yelling at the TV because of blatant inaccuracies on CNBC. (My husband thinks I'm over the edge!) I know that these are things are inaccurate primarily because of information that was brought forth and debated right here on SI. (sometimes exhaustively so)

I come away feeling sorry for those people out there that rely on this constant stream of mis-information from some of the mainstream financial press. What ever happened to magazines that prided themselves on never having to print a retraction? Are there no fact checkers left now that the media conglomerates own all the magazines? Thank goodness we have SI!
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