InfoSpace (INSP): Where GNET went! Message Board

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

INSP 86.37

-0.5%

Nov 14 9:30 AM EST

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To: Hawkmoon who wrote (13689)	11/2/1999 7:11:00 PM
From: Larry Zenith	Read Replies (1) of 28311

I've been comparing GNET/GOTO all the time because of their similar names. GOTO is worth more than GNET, that puzzled me. GNET has actually 42.x M shares outstanding, so the market cap is around 2.9B, more than 1.9B shown on Yahoo. But still less than GOTO. From my Datek account, GNET is only "NS" ( no share for shorting ), so I would think GNET is heavily shorted by, I don't know, probably by the gal at MSDW who thinks GNET is worth only $10, or Chris Byron who thinks that GNET should trade around $15. I don't know why these people chose GNET as target, instead of GOTO. But one thing is sure: GNET apparently hasn't made many friends on the street. Is it because GNET didn't pick a big guy as underwriter??? Long GNET #79.

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