InfoSpace (INSP): Where GNET went! Message Board

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

INSP 85.16

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3:59 PM EST

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To: Pareto who wrote (16774)	2/10/2000 2:40:00 AM
From: stockman_scott	Read Replies (1) of 28311

Pareto: You said....<<We don't have resources to maintain a small sub site. We want our programmers to work on innovation, not on maintenance of old stuff.>> I DO NOT agree with that statement....GNET has DEEP pockets behind it....Paul Allen (one of the world's wealthiest billionaires) owns Vulcan Ventures --a VC firm that put hundreds of millions of dollars into GNET during the last year....It all comes down to priorities....Surprising and delighting customers can be very profitable over the long run...Remember the lifetime value of a satisfied customer <G>..I sold my GNET many months ago -- CMGI and some of my other investments are performing better right now. I also feel that the management of GNET's subsidiary (Silicon Investor) could be more responsive to the members' desire to have access to 'the Classic version' of SI. GNET is a great company but I have to make some tough decisions when I invest. Best Regards, Scott

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