InfoSpace (INSP): Where GNET went! Message Board

STOCKTALK

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 113.41

-4.8%

1:13 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TH who wrote (23539)	1/23/2001 8:44:30 PM
From: levy	Read Replies (3) of 28311

This is from yesterday's press release regarding Sarin "Arun Sarin has elected to focus and direct his efforts on InfoSpace's wireless business and international strategy from his position as vice chairman. Sarin's extensive travel and commuting schedule caused him to realize that he could not sustain his pace as InfoSpace CEO and meet family obligations, as his family resides in the San Francisco Bay area." Then at the conference call when pressed Sarin says he is sitting on the board only and will not be making any active calls to anyone rather delegating that to others.......... So if you read the release you might think ok Sarin is really not changing his role much but in reality it seems he is just about completely quitting.......so not only is it bad news that Sarin is out but the investment community gets the message that Infospace's press release is bullshit the next message Jain sends out is either he really has extremely poor judgement or likes to play people for idiots.......... he gives the reason for Sarin and Rosenburg's departure as the fact that they could not give it their full devotion living in California......so why didn't he figure that out before he hired them???????? Since everyone knows Jain is a smart guy the only conclusion here is Jain likes to play people for idiots These are just recent examples of the kind of negative messages Jain sends to people which have people routing for his demise.....he may be brilliant in running the company from a technical point of view but he has no idea how to handle public relations.....and this is where Go2Net management would of been such a great asset....Russell Horowitz is an elegant speaker and well liked by the investment community....it is truly unfortunate that ego need come between what I thought would be a great union. I

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next