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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 93.55-3.0%2:34 PM EST

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To: Technologyguy who wrote (319)10/3/1998 2:37:00 PM
From: El Matador  Read Replies (2) of 28311
 
Standard Street procedure is to use LTM. Venture backed calc's are 4X latest Q.(LTM=Latest Twelve Months)

As for the shares, it is unusual that they were all registered at once rather than sold through 144. This is new news and as I said, the trading float has effectively doubled. I stand by my initial post, although I can say as well that yours is equally correct.

All is all this company is vastly overvalued. If you are an engineer(as is possibly indicated by your moniker), you should do a pro-forma discounted cash flow calculation. Choose just about any growth rate that you want. The number that returns on your spreadsheet will, not in all likelyhood, be positive.

What is your price target for GNET? Mine is $5 before Christmas and I am clearly short. Care to place a bet?
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