InfoSpace (INSP): Where GNET went! Message Board

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

INSP 66.33

+1.0%

Feb 9 3:59 PM EST

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To: Crystal ball who wrote (18978)	5/10/2000 7:54:00 AM
From: playavermont	Read Replies (3) of 28311

Officers of GNET are looking pretty smart here... They are ahead of the rest of the shareholders...They sold at $45 over one year ago for a total of $126 Million in their pockets... Now wouldn't it look like a bargain to them now to buy in? I mean here it is a year later and the revenue run rate is $49 Million versus $10 Million a year ago and they are soooo profitable... They are going to have about $80 Million in revenue this year with 30% net operating margins versus $22 Million with 12% operating margins last year...and throw in all that interest income and the GREAT broadband future.... They must be licking their chops at the prospect of buying back in!!!.... R-i-g-h-t????

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