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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 86.37-0.5%Nov 14 9:30 AM EST

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To: NotNeiderhoffer who wrote (18494)4/17/2000 7:55:00 PM
From: HO-MEE   of 28311
 
The conference call went VERY well as Russ discussed the future of GNET focusing on deals as well as the fact that GNET will be a cable portal as well as a computer portal.In addition the long term growth will be 15-20% quarter to quarter.I left my notes in my office and will add more in the morning. Margins improved this quarter and they have in excess of 400 employees! If you listened to the #'s that were thrown out to analysts on the call you would believe that GNET HAD to be a top 5 internet company(based on mkt. cap).Russ highlighted that there are many internet companies that cannot go public and that GNET will be aggressive in the acquisition arena.ALL the growth the past quarter was organic which makes the #'s even that more impressive.More in the morning.Gnet is currently $59 bid +4 pts. from the close, I expect higher targets from ALL analysts based on todays #'s. Best to all, other than Playaverputz.
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