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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 73.44-3.1%Feb 2 3:59 PM EST

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To: White Shoes who started this subject1/25/2001 1:23:05 AM
From: acuransx_2000  Read Replies (3) of 28311
 
Interesting Article on INSP..I like this part.

Jain's company isn't the easiest to understand. It's been dismissed as "the Internet yellow pages." But it's a lot more than that. Essentially, InfoSpace is something like an e-commerce tax. If a consumer makes a purchase based on an online ad, InfoSpace gets as much as 25 percent of the price.

And whenever someone performs a search on one of its affiliate sites – 87 percent of the Web, according to the company – InfoSpace gets a cut. "We have 2,500 paying partners," says Jain. "Every time you go to NBCi looking for a plumber, we get paid. Every time you go to Go Network looking for a phone number, we get paid. We are probably the only partner to both Disney and Playboy at the same time."

thestandard.com
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