InfoSpace (INSP): Where GNET went! Message Board

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

INSP 83.83

+1.2%

Nov 6 3:59 PM EST

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To: HO-MEE who wrote (15503)	1/4/2000 4:43:00 PM
From: jon zachary	Read Replies (1) of 28311

Reason Go2net was up today? Flight to quality (as previously mentioned) is definately it. reasons ? cnbc.com "Generally, stock investors worry about interest rates for two reasons. First, rising rates make corporate financing more expensive. And second, the more rates climb, the more optimistic stockholders must become about the ability of future earnings growth to outpace interest rates." "And tech-related stocks get hit the hardest because their future earnings are complete guesswork and a shifting economic climate throws off estimates. In addition, these companies in cutting-edge industries need easy access to cash to feed their growth." GO2NET is not effected by the same factors as all other i-nets. Interest rates only effect go2net in the slightest because they have the cash they need and are making money at the same time. At this point, their funding is internal. They do not have to borrow, while others in the internet industry rely solely on borrowing, floating additional debt, and issuing stock to grow there internet business.. Go2net float according to S.I. is only 19.7 million... jZ.. (my opinion's only)

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