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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 83.42-0.1%Nov 19 3:59 PM EST

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To: silversoldier a/k/a SI Sy who wrote (25502)3/5/2001 9:51:49 PM
From: Roger Sherman  Read Replies (4) of 28311
 
Sy,

If you manage to ever get to "Part Three" of my little DIGEO epistle, on about the top of the 2nd. page (if you print it out) you'll find a direct quote from the "Go2Net 1999 Annual Report," which was mailed out to shareholders prior to the 3/17/2000 shareholder's meeting.

It reads (on pg. 6 of the Annual Report):

Charter Communications has agreed to use Broadband Partners' portal services exclusively for an initial six-year period that will begin when the portal services are launched, subject to certain exceptions. The joint venture has an initial 25-year term, subject to successive five-year renewals by mutual consent. Vulcan Ventures will own 55.2%. Charter Communications will own 24.9% and Go2Net will own 19.9% of Broadband's capital stock. Vulcan Ventures will have voting control over the Broadband entity. Broadband's board of directors will consist of three directors designated by Vulcan Ventures and one by each of Charter Communications and Go2Net.

BTW, this doesn't mean something hasn't changed since that agreement was originally written and published. As you well know (especially with this new "merged" company)...sh*t happens! As just one example, the name has changed to DIGEO.

Roger

PS. Thanks for the kinds words.
I'm glad it helped a little bit.
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