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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 118.32+2.4%3:59 PM EST

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To: HO-MEE who wrote (23572)1/24/2001 8:33:29 AM
From: Bosco  Read Replies (1) of 28311
 
Hi Ho-Mee & all - while the appearance is not good, I see this thread simply speculate on the inner working of the company based on one's allegiance [to original INSP or former GNET] This kind of divorce after merger is more a norm than an exception, look at BAC and C in the banking sector. Look at many many tech companies who grow by acquisitions, including CSCO, LU and NT. INSP is no difference. From what I can see, they can do it the easy way or the hard way. The easy way is for the departee leaves graciously. The hard way is to have their respective devotees engaging in flamefest. I can certainly sympathize those who root for Mr Jain here are over react to the constant barrage. After all, if Mr Horowitz is mindful of the shareholders [of the combined entity,] maybe he should step up the plate and calm people's nerve. OTOH, it is true that the handling of the situation by Mr Jain is not too smooth, and the Street probably smells blood and fear. You know, kicking the man when he is down is the Street's specialty.

Anyway, my humble suggestion is to chill out a bit and look at the situation more objectively. We ve seen enough armchair punditry and psycho drama on CNBC <VBG>, no need to repeat here.

best, Bosco
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