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: playavermont who wrote (18979)	5/10/2000 11:27:00 AM
From: Crystal ball	Read Replies (1) of 28311

GNET rock bottom=$16 3/8 (IPO 8=2 now, so:(2+2+45PA)/=$16.33 Officers/Insiders sold after lockup to PA (Paul Allen Support Level of) $45 over one year ago for a total of $126 Million in their pockets...(Lucky Russ) RH etc <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... Russ is smart going with a directorship to National Discount Brokers....at least they all made money off of GNET...and us. If GNET has ANY LEADERS they would SUPPORT the stock by announcing a BUY BACK to support the stock at least above PA (Paul Allen's) support level of $45 (which was $90 pre-split I remember it well, having predicted that dip to $90 before it bounced back to the all time high, and then split). I am, Truly your$, -Crystal Ball

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