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 9:30 AM EST

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To: Carolyn who wrote (25684)	3/22/2001 6:59:10 PM
From: Roger Sherman	Read Replies (1) of 28311

Carolyn, you can do the math... Naveen Jain's INSP sales = approx. $400 million (Note: He and his wife have also sold jointly-owned shares): nasdaq.com` Russell Horowitz's INSP sales = approx. $34 million (Note: He didn't sell ANY of his INSP shares, except a mere 140,000 in Dec. 2000, until ONLY AFTER it was announced on 1/22/01 that he was leaving the company. And ONLY THEN did he proceed to sell all 6,116,705 of his shares within a few weeks. This includes those held in his "Porpoise Corp.," and most were sold for less than 1/10 of what they were once worth BEFORE the "merger" with INSP, at GNET's "high" of $111.75/share, which would have equaled $61.40/share of INSP "post-merger"): nasdaq.com`

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