InfoSpace (INSP): Where GNET went! Message Board

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

INSP 86.37

-0.5%

Nov 14 9:30 AM EST

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To: Cheeky Kid who wrote (751)	1/11/1999 9:37:00 PM
From: Technologyguy	Read Replies (1) of 28311

GNET Soars by Greg Heberlein Seattle Times staff reporter Today's stratospheric rise in Seattle's Go2Net reflected the stock market's bifurcated nature: Bigger stocks struggled as smaller stocks - especially Internet-related - soared. Go2Net was off the charts. The Web-site developer vaulted $53.938, or 82 percent, to $119.938. The stock has gained 211 percent in five sessions. An acclaimed acquisition of Web21, a strong endorsement by an influential Internet writer and a new "strong buy" recommendation by Pacific Crest Securities' Jeff Governman have been pluses the past week. In addition, Go2Net is a Net rarity - it makes money. Next week, it is expected to announce its second straight quarterly profit.

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