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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 95.10-19.7%Dec 18 3:59 PM EST
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To: silversoldier a/k/a SI Sy who wrote (25039)2/13/2001 3:42:09 PM
From: Dan Hamilton  Read Replies (4) of 28311
 
No question management is a serious concern at INSP. And as that article suggests, a unstable earnings picture to go along with it. I can certainly understand why people are frustrated at Jain. But it's likely a little too convenient to blame everything on him, and it's overreacting a tad to say the company is going out of business (as some posters have). Even the big established companies like Nortel have not been treated very well by the market if they fail to show stable earnings growth. Look at their chart over the years and you'll see some substantial swings.

Bottom line, I still believe that when the overall market improves, investors will be a little kinder to INSP and we should see some nice upward movement from this level. I also think as some have suggested, Jain has purposely set the bar low, so overachieving should be easy in the coming year.

Like I said, I can fully understand the GNETer frustration here. But it's a little discouraging as a more recent INSP investor to have to choose between the "other" INSP thread inhabited by a few shorts and wags, and this one, where many are still stuck in the GNET time warp. No disrespect to anyone intended.
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