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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 90.90+0.3%Nov 12 3:59 PM EST
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To: levy who wrote (24046)2/1/2001 1:13:19 AM
From: RSH  Read Replies (3) of 28311
 
(5.25 x 5.25) levy: I must admit that I was mistaken in defending Naveen Jain when you referred to him as an AA. I apologize.

I also apologize to any other posters who may have been offended by any personal attacks while I was attempting to defend my long position in InfoSpace.

Everybody is entitled to their opinion (pro or con) regarding a company and it's management team. That's what makes a public forum effective.

After listening to Jain on the recent conference calls and on some other past audio interviews, I've come to the conclusion that he definitely needs an attitude adjustment.

It's human nature to root against the AA's of the world and I believe Wall Street is rooting against InfoSpace because of Naveen's attitude (and because of it's negative 2001 guidance).

I honestly thought that InfoSpace would have positive guidance for the year 2001. However, Jain has failed thus far in his predictions. He has been humbled and many shareholders don't wish to be associated with him or his company at this time.

I still believe in the long term (2-3 year) potential of INSP. However, the short term could take the stock price drastically lower (than $5.00/share) as sellers of INSP search for greener short term pastures.

RSH
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