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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 81.73-2.5%Nov 7 3:59 PM EST

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To: levy who wrote (23969)1/30/2001 3:41:04 PM
From: Tim McGee  Read Replies (1) of 28311
 
Did anyone here notice that another major company decided to make exactly the same decision that INSP made in de-emphasizing consumer/portal internet business - the same day.

Disney is not going to take the time to sit around and watch its business go to zero, they just announced that would shut it down. Go.com will close up shop. Those investors get about $5 in Disney stock per share.

The wireless business looks pretty strong. If the other businesses are strong then there will be a buyer. If they are weak, we know that INSP made the right choice.
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