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: Technologyguy who wrote (1030)	1/22/1999 3:20:00 AM
From: neverenough	Read Replies (1) of 28311

1/21/99 3:05 pm... GO2NET INC. (GNET 103) DOWN 13-1/8, POSTS $0.04 4Q EPS (PRO FORMA) VS. $0.04 LOSS ON SHARP REVENUE RISE... SETS 2-FOR-1 STOCK SPLIT... NEEDHAM TIES WEAKNESS TO PROFIT- TAKING IN GROUP... Analyst Dalton Chandler tells MarketScope had expected $2.6M in revs., $0.01 EPS... Says co. beat ests., posting $3.2M revs., $0.04... Believes Web21 acquisition contributed no more than $0.01 to Q, confirming continued cost effectiveness of co.'s op. model... Says revenue from non-ad sources in Q was more than 30%, increased from previous Q despite addition of Web21, which totally ad driven... Reiterates buy... Sees $0.27-$0.29 FY 99 (Sep) EPS, $0.82 FY 00./Wolfe

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