InfoSpace (INSP): Where GNET went! Message Board

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

INSP 85.43

-1.5%

1:39 PM EST

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To: Larry who wrote (78)	4/23/1998 11:38:00 PM
From: EdR	Read Replies (2) of 28311

Larry, If you base your "best investment of the group" on the lowest price times Book, then GNET is the one. The figures I found show 5.5 mil o/s before the takeover of SI which cost 1.25 mil shs. Therefore the current os/ is more like 6.75. I figure the float is just what was offered in the IPO which was exactly 1 year ago, 4/23/97 @ $8 and that was 1.6 mil shs. BTW, it looks like 25% of the float changed hands today... Ed...

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