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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 91.88+1.3%1:13 PM EST

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To: Polly the Parrot who wrote (612)11/25/1998 8:56:00 AM
From: esecurities(tm)  Read Replies (1) of 28311
 
"AOL-Netscape Deal Spells Trouble for Smaller Portals"

Proposed merger could squash rival services that can't offer as many extras.

"...If America Online's talks to buy Netscape Communications for about $4 billion in stock lead to a deal, the resulting powerhouse would spell trouble for second-tier gateways to the Internet.

"This is not at all good news for the secondary names" such as Infoseek, Lycos, Excite, and others, said Duane Eatherly, a money manager at Banc One Investment Advisors. "You have one of the two 800-pound gorillas enhancing its distribution channel overnight..."


source: © November 24, 1998, 3:30 a.m. PT Reuters PC WORLD IDG.net
idg.net

...on the other hand...only GNET owns the defacto financial crown-jewel...Silicon Investor...
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