InfoSpace (INSP): Where GNET went! Message Board

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Technology Stocks : InfoSpace (INSP): Where GNET went!

INSP 68.20

+2.8%

Feb 10 3:59 PM EST

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To: mikiespeedracer who wrote (28007)	1/30/2004 12:06:39 PM
From: Puck	of 28311

Yeah, I literally purchased as much Infospace stock as I could afford to when the share price fell below $.50 ($5 post-reverse split) in early July 2002. I was in disbelief that Infospace's market cap. was equal to half of its net cash position, and believed that the risk-reward ratio at the time was almost completely tilted towards reward, which is to say that there was almost no risk left. I believed that the market value of Infospace's stock was as absurd as it was when Infospace was at $200/share. I was quite active in posting on the "INSP Investors Research" thread at the time. I've retained most of those shares and am sorry to have sold the few that I did. I've never given up on the promise of the mobile internet and believe that Infospace has an incredibly bright future. I expect that by around the third year from now Infospace's stock price will be back at GNET merger levels.

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