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Microcap & Penny Stocks : INSP Investors Research
INSP 81.73-2.5%Nov 7 9:30 AM EST

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To: howsmydrivingal who started this subject7/12/2002 8:52:13 AM
From: michaele23   of 787
 
Peter Henig (at Zacks) recommends INSP:

ecom.zacks.com

7/11/2002

InfoSpace Reiterates Guidance

Infospace (NASDAQ: INSP ) reiterated its financial guidance, stating that the company is very confident in its second quarter forecast for a loss of $0.02 per share and revenue of $31 million.

Last week, Growth Report's Bill Martin reported, "At recent valuations, the company trades at a discount to cash and cash equivalents even though it has gotten its burn rate under control… At these prices, the stock may be an interesting flyer for aggressive investors."

Shares of the wireless and Internet software and application services was recently hit hard when the Russell 2000 index was re-balanced at its annual end-of-June re-balancing, with shares trading as low as $0.41 per share.

Growth Report readers who got in last week at $0.52 have seen a solid one week return of +10%, with shares of InfoSpace now trading at $0.57.
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