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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 84.03-1.0%9:51 AM EST

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To: White Shoes who wrote (130)5/9/1998 12:42:00 PM
From: esecurities(tm)  Read Replies (1) of 28311
 
>>You want tulip bulbs check out SPLN

NET MONEY: Flush With Cash and Stock Surging, SportsLine Works To Build Content and Traffic

"...Even in the overheated world of Internet stocks, SportsLine's stock has been a standout this year. From $10.75 at the end of last year, the company's share value has more than tripled to a recent price of $33.25. Recently, SportsLine took advantage of the surging stock price and strong market conditions to issue a secondary offering, through which it raised about $80 million. "Our primary focus over the past year has been to build our brand and to drive traffic to our site," said Kenneth Sanders, SportsLine's chief financial officer. "We believe the investment community is giving us credit for what we've accomplished over the last six to twelve months..Analysts said SportsLine's major competitive advantage has been its affiliation with CBS, which began in March 1997..."
source: &copy 1998 Internet World (ref/ Internet Stock Index (ISDEX))
iw.com
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