InfoSpace (INSP): Where GNET went! Message Board

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

INSP 92.10

-0.6%

Dec 31 3:59 PM EST

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To: Chung Lee who wrote (1932)	3/15/1999 1:45:00 PM
From: AGORA	Read Replies (2) of 28311

Look For Upgrades AFTER The Tender Is Complete _ $120-150 in 12 months Vulcan Ventures does not make Internet investments to earn 5-10% on their money. If they wanted those kind of returns, they could buy long bonds and earn 5.50-5.75% without any headaches. To make it worth their while, he is going to need 25-30% per year. Thus, $90 investment will become $112.50-120. The last target on GNET was $100.00. After this latest news, one can see upgrades upwards of $120 and probably closer to $150 over the next 12 months. The KEY is that upgrades won't come out until AFTER the tender is complete. Analysts and brokers don't want to make the tender more difficult for valued client Paul Allen by raising targets during the tender. Thus, play the game right and buy up all you can in the $100-110 range. Then, be prepared to sell at $125 over the next two weeks as upgrades and new targets are released. Would like to hear any opinions. Regards, AGORA Let us help you become a better investor agoracorp.com

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