SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 83.20-0.3%Nov 20 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sr K who wrote (22130)11/1/2000 12:02:30 PM
From: David Howe  Read Replies (2) of 28311
 
<< GNET may provide about 1/3 of the value >>

I wish someone would point out the contents of this value? GNET is still a mystery to me. A few nice web sites, but what else. Right now, INSP's core business is much easier to grasp. All of my analysis of INSP / GNET seems to focus on INSP's original business. This makes up more like 90% of the future growth and value in terms of this investment. IMO

I don't believe that INSP would have fallen below $30 if they hadn't merged with GNET. In the long run, the combined entity might do quite nice. The m-commerce synergies and the broadband facet of GNET will benefit INSP's core business. Short term though, the market did not like the GNET acquisition.

Dave
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext