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Microcap & Penny Stocks : INSP Investors Research
INSP 140.34+4.2%2:09 PM EST

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To: howsmydrivingal who started this subject9/10/2001 11:41:28 AM
From: Puck   of 787
 
The payroll tax receivable of approximately $13 million Infospace reported last quarter should cover around half the cost of the share repurchase. I've been wondering about the source of that payroll tax receivable. It wasn't there at the beginning of the year. I suspect it is largely related to Horowitz's liquidation of his shares earlier this year. This would be the case if part of his share sales included flipping former Go2Net options he had.
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