InfoSpace (INSP): Where GNET went! Message Board

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

INSP 93.09

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To: Josef Svejk who wrote (452)	11/6/1998 6:11:00 PM
From: mod	Read Replies (1) of 28311

Check out #reply-6322626. Mr. Auric ("short 'em all, let God sort 'em out" a/k/a "show me the internet profits") Goldfinger, is recommending purchase of Peapod! PPOD is projected to do nothing but lose money, through at least the year 2000. Peapod appears to follow the Amazon.com business model ("the more we sell, the more we lose"). Auric has been the champion of discounted cash flow on this thread to analyze GNET and internet companies: #reply-6186731 #reply-6112848 #reply-6099481 If he believes his own postings on DCF, how can he possibly justify the purchase of PPOD? I myself have no opinion on PPOD, but am curious how his methodology can change overnight re: internet valuations. Does this mean he has changed his opinion on GNET? Inquiring minds want to know. Dennis

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