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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 98.25+3.4%Jan 9 3:59 PM EST

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To: White Shoes who wrote ()2/20/2000 6:14:00 PM
From: KLP  Read Replies (1) of 28311
 
Re: CLKS and GNET

Just posted some info on the CLKS board ....which might be of interest to some GNET'ers too....
KLP

Message 12925855

Here's some notes from Dec 1999 from Pacific Crest, and why they rate CLKS a "Strong Buy"...

John Chambers, CEO of Cisco Systems, said at COMDEX '99, "E-Learning is where e-Commerce was 2 1/2 years ago" and "e-Learning will be the hottest application two years out". IDC estimates that e-Learning market will top $7 billion by 2002, up from $197 million in 1997 representing a compounded annual growth of over 100%.

Click2learn is aggressively establishing partnerships with key vertical portals and intermediaries to expand the company's audience of business professionals and individuals. In July (1999) the company established a partnership with Go2Net, another Paul Allen investment, to provide online education and training services across the Go2Net network. Go2Net, a top 10 Media/Web property according to Media Metrix, reported average daily page views of 25.8 million up 40% sequentially from the June quarter. Go2Net purchased $3 million of Click2learn common stock and received a warrant to purchase another $3 million. In September, Click2learn established a partnership with VerticalNet, the leading operator of B2B vertical marketplaces. VerticalNet is actively rolling out education and training services across 20 verticals to provide additional high-value services to its communities and increase the stickiness of its network. We believe Click2learn will be especially aggressive in establishing a distribution agreement to extend its presence and capitalize on its early mover advantage.
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