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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 79.40-1.7%Jan 23 9:30 AM EST

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To: White Shoes who started this subject1/29/2001 8:49:07 PM
From: Puck  Read Replies (2) of 28311
 
Positives from the cc (if anyone other than myself cares):

Wireless per subscriber revenue= $5.33/month
--way above the basic $1-2/month INSP charges carriers for its basic service. This means that INSP success in up-selling new products to AT&T Wireless and Cingular has been very successful and hopefully will be a characteristic of INSP's other carrier relationships

Relationships with Nortel and Lucent already yielding revenues although no customer contracts have been signed yet

It is obvious that management has lowballed to an extreme what financial guidance they gave today. I guess this will sort of eradicate the disappointments of the past year and gives them a blank slate upon which to measure their future performance. Their guidance is so low that it will undoubtedly be revised upward throughout the course of the year beginning with the publication of their more refined business plan and financial guidance in about a month, which will make management look a lot better than if they had set publicly more aggressive goals now during their house keeping. Their guidance is so low that it is almost misleading. So be it.
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