InfoSpace (INSP): Where GNET went! Message Board

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

INSP 89.89

+8.0%

Nov 21 3:59 PM EST

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To: lizking who wrote (25221)	2/20/2001 11:42:27 AM
From: stockman_scott	Read Replies (4) of 28311

Here's an interesting post on why the GNET insiders had to sell.... messages.yahoo.com Paul Allen is still HOLDING all his INSP shares and has even chosen to join the board of directors (according to a recent SEC filing). In the last 10 days we also see institutions like Bank of America, Prudential and AIM Mutual Funds accumulate lots of INSP shares. On top of that late last week investor relations confirmed that Naveen Jain purchased 500,000 shares of his own stock....Hmmmm....These things are not happening by accident. IMO, at these levels the risk/reward trade-off for InfoSpace is very favorable. I just made another purchase this morning and its now my largest holding. Best Regards, Scott

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