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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 93.69-1.8%Dec 29 3:59 PM EST

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To: lizking who wrote (25136)2/16/2001 12:35:45 PM
From: KLP  Read Replies (1) of 28311
 
From this article you posted...INSP says it is on the VERGE OF ANNOUNCING...." Question: If they sell/do away with consumer services which provides INSP with ONE HALF (50%) of it's revenue....WHAT is INSP going to do to make up that revenue???? Any ideas???

In conjunction with the layoffs and the revised earnings estimates, InfoSpace said it is on the verge of announcing a new strategic measure that will de-emphasize consumer services. While that business segment as recently as the fourth quarter was providing InfoSpace with half its revenue, the company described it as low-growth and non-scalable.
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