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: Pareto who wrote (16707)	2/8/2000 8:05:00 AM
From: playavermont	Read Replies (1) of 28311

Any thoughts on this: GNET going to the markets for a secondary offering? Do a deal that will obviously gain relationships... Raise $350 -$500 Million... Look around at LCOS, Network Solutions etc. The market is extremely receptive to the net these days... An don't say they are operating at a profit and don't need the money... look at Network Solutions... A short year ago if you were a net company and had $50-$100 Million in cash you looked fine...When GNET did the $300 Million from Allen they looked great... Well, its a year later and if you have less than $150 Million your considered endangered with the top tier real Cash level these days at $400-$750 Million

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