InfoSpace (INSP): Where GNET went! Message Board

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

INSP 89.89

+8.0%

Nov 21 9:30 AM EST

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To: Boplicity who wrote (547)	11/16/1998 2:06:00 PM
From: ROSARIO	Read Replies (1) of 28311

I saw the interview this morning with CNBC and GO2NET's CEO RUSSEL HORROWITZ. THIS GUY IS ONE SMOOOOTH OPERATOR. Talked about Silicon investor and CNBC compared it to Yahoo Message Boards. Both post about 100,000 messages per week. However, as Mr. Horowitz pointed out Silicon Investor charges monthly fees and Yahoo does not. GNET has now made a profit while YAHOO is still operating at huge losses. GNET continues to expand websites, customers, and advertisers on record basis. With only 6 million outstanding shares with 3 million in its float, look for a split and continued stock price increases. we could see $80-$90 per share with-in 1-3 weeks. Currently at $44 1/2 per share. Compare this to YAHOO trading at $170 per share with 94 million outstanding shares and 7 million shares in its float and you can see the potential here. GNET is very cheap today. Good Luck PS BASED UPON WHAT IS BEING SAID ON CNBC, THE FED WILL BE CUTTING THE INTEREST RATE TOMORROW BY A QUARTER POINT WITH ANOTHE REDUCTION BY THE END OF THE YEAR!!

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