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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 127.35-2.3%Nov 26 3:59 PM EST
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To: KLP who wrote (20126)7/18/2000 11:46:38 PM
From: Sarkie  Read Replies (2) of 28311
 
That was obviously written by someone that has absolutely no knowledge of accounting. The loss was on a proforma basis and includes amortization, which is a non cash outlay. Net operating was a profit. The company also has cash reserves.

I would think that in order for a reporter to report on the financial condition of a company, a prerequisite should be knowledge of general accounting principals.
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