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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 82.64-1.4%9:50 AM EST

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To: KLP who wrote (16620)2/2/2000 11:02:00 AM
From: trouthead  Read Replies (1) of 28311
 
I think the numbers look pretty good on GNET. Right now we are trading at a 154 pe based on todays price of 77 and a projected 2000 eps of 50 ( that number is from EPS here on SI ). I think they will earn much more as they have handily beaten the estimate each quarter. With the 16 we already have I guessstimate the earnings for the next three quarters to be 19, 20 24. That puts the pe at 98 based on todays price and a 2000 eps projection of 79.

With 50% growth (another projection from the EPS here on SI) that puts the 2001 EPS at 118 and a pe of 65.

I like the way this looks even if my estimates are a bit high it still is good long term investment.

The year is young and there many days ahead for news, acquisitions and partnerships. If we get to May without any significant news, then I will get a little worried.

jb
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