InfoSpace (INSP): Where GNET went! Message Board

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

INSP 97.89

+1.5%

Dec 22 3:59 PM EST

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To: Sarkie who wrote (23496)	1/23/2001 11:35:49 AM
From: Sarkie	Read Replies (1) of 28311

RESEARCH ALERT - Merrill Lynch cuts InfoSpace ================================================================ NEW YORK, Jan 23 (Reuters) - Merrill Lynch said on Tuesday that it lowered its investment rating on InfoSpace Inc. (NASDAQ:INSP) a content and services provider for Web sites, a day after the company announced senior management changes. In a research note, the investment firm said it was lowering InfoSpace to neutral/accumulate from a previous rating of accumulate/buy. Merill said the stock would "mark time" while the new management got "up to speed." InfoSpace returned its founder Naveen Jain to the post of chief executive on Monday. Shares of the company were off 17.33 percent, or $1-7/32, at $5-13/16 in morning trade on the Nasdaq stock market, just above the 52-week low of $5-7/16. The year high on the stock is $138-1/2.

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