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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 86.70-4.6%Nov 13 3:59 PM EST

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To: mikiespeedracer who wrote (27264)6/20/2002 11:38:35 PM
From: Roger Sherman  Read Replies (1) of 28311
 
Did Bad-Boy Billy's Big-Buster strike again today?

BTW, is it just one week from tomorrow when INSP is due for a "delisting" warning notice from NASDAQ? Although, today was already actually the 31th. consecutive day that the stock has "closed" BELOW $1 per share.

Not only that, but is INSP also going to lose its DSL "broadband" relationship with Verizon? Heck, MSFT is sorta rubbing a lot of salt in INSP's wounds lately...in terms of BOTH the wireless AND broadband parts of INSP's business strategy. And wasn't it just a few short weeks ago that Verizon and MSFT also announced their new "wireless" partnership, apparently essentially cutting out many (if not all) of INSP's future wireless services to Verizon. And now this news today. Did yet another one bite the dust? Boy, those "Big Boys" sure play rough, once they enter the game.

But oh...it was really a swell little pop up for INSP today, finally closing all the way to 68 pennies per share. Especially considering yesterday's close of just 67 pennies, which was the lowest closing price per share in the entire history of INSP...and an ENTIRE PENNY higher then the company's all-time low (which was hit yet again today) of just 66 pennies per share.

On INSP's infospaceinc.com website under "Advertising Opportunities," regarding Broadband, they proudly state the following: infospaceinc.com

Broadband
We private-label and deliver the complete portal for partners such as Verizon Online DSL. Learn how you can reach affluent, early broadband adopters with your marketing message.

And yet, both MSFT's (Balmer) and Verizon's CEO held a conference call today, appeared on a CNBC interview, and issued the following press releases...regarding their brand spanking new DSL broadband relationship, and not a peep was uttered by anyone regarding INSP providing a damn thing:

siliconinvestor.com

Verizon Online and MSN Join Forces to Offer Consumers DSL Internet Access And Unique Online Services

Companies Will Combine World-Class MSN Services and Content With Verizon Online's State-of-the-Art DSL Network to Transform Customers' Broadband Experience

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siliconinvestor.com

MSN Becomes No. 1 DSL Online Service in United States Through Leading Alliances and Nationwide MSN Broadband Offering

MSN Broadband Internet Access Is Now Available in 70 U.S. Markets, Reaching More Than 90 Percent of DSL-Capable Homes
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