InfoSpace (INSP): Where GNET went! Message Board

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Technology Stocks : InfoSpace (INSP): Where GNET went!

INSP 124.41

-2.3%

Nov 28 9:30 AM EST

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To: KLP who wrote (23949)	1/30/2001 3:56:59 PM
From: David Howe	Read Replies (1) of 28311

<< How much is a company worth if it promises you it will lose money each quarter? $8 a share? $12? None? The latter is more likely than the former two. >> Give me a break. If they lose $0.14 next year like they are suggesting, that's only about $45 million. They have $400 million in cash and investments. Many, many, many companies lose money for many, many years in a row and go on to be multi billion $ enterprises. Witness AOL, Yahoo, AMZN. I'm not suggesting that these stocks are great investments now, just that they lost money for many years and traded on their FUTURE earnings potential. AOL for one has succeeded in reaching that earnings potential and now is worth many billions of $. Dave

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