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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 126.36+1.5%Dec 1 3:59 PM EST
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To: Rational who wrote (25504)3/5/2001 11:11:56 PM
From: Dr. Zax  Read Replies (1) of 28311
 
LOL rational,

Just keep telling yourself that. In the long run this company will either survive on it's own or be acquired. It is being punished by the market (thus a 3.50 stock) for missing estimates, and not providing easily discernable projections on a timely basis. It will continue to languish until the INSP management proves it has it's act together for 2 quarters in a row, or is replaced and the new management proves itself.
Any institution, including PA and his holdings, would be foolish to purchase before the management proves itself as there is a very high risk factor that the company won't EVER prove itself. PA has plenty exposure to this stock, he won't add any more.
You seem to not have a good grasp on how effectively Russ and crew managed their PEOPLE. When it comes down to it, it is the people who are employees in your company that make it run. My hope in this merger was that the GNET management style could be incorperated into (or even replace) the old INSP management. That didn't happen... so I sold, so did Russ. Russ was not out to screw shareholders. You should probably refrain from commenting on things that you don't fully grasp.
Take your bitterness, and bury it in a hole for a while and wait for this stock to either come back from the dead, or finish dieing. If you don't like the two choices sell and move onto another stock because in the long run one of those two scenarios will play out.

Dr.Zax
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