InfoSpace (INSP): Where GNET went! Message Board

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

INSP 95.78

+0.7%

Dec 24 12:59 PM EST

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To: levy who wrote (23389)	1/22/2001 1:11:48 PM
From: playavermont	Read Replies (2) of 28311

This from Merrill Analyst... She sees it for what it is ... Key employees having a reduced ( Sarin ) or Eliminated ( Horowitz ) roles... No matter how it is spun...that is reality... www2.marketwatch.com >>>INSP losses accelerate --12:44 pm - By Tomi Kilgore Losses in the shares of InfoSpace (INSP: news, msgs) have accelerated, and they are now down $1.09, or 12 percent, at $7.81 (see 9:41 item) after the Internet infrastructure firm announced management changes. Volume is 12.9 million shares, approaching double the daily average. Analyst Virginia Genereux at Merrill Lynch said in a research note to clients that she believes the company loses "critical management and industry experience" with the diminished roles of Arun Sarin and Russell Horowitz, the company's former chief operating officer. Separately, InfoSpace said it has entered into an agreement with Microsoft (MSFT: news, msgs) to integrate and extend the use of its broadband services and interactive television products with Microsoft's TV platform.<<<

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