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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 95.16-2.8%Dec 23 3:59 PM EST

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To: Tae Spam Kim who wrote (2145)3/17/1999 3:10:00 PM
From: Hawkmoon  Read Replies (2) of 28311
 
Paul Allen WILL NOT sell the stock..

Tae,

I know it and you know it and I think any other halfway logical person knows it.

I was just thinking out loud in response to a previous post. What I was trying to say is that if Allen were selling he'd have to file. That the only way people will know one way or anther if he is selling. And if he sells, so will the general public. I was just engaging in some irrelevant mental gymnastics.

But what is intriguing here is just how PA will obtain his 54% stake or if that is even important to him. He'll have to tender a higher price for the stake if the market is to be minded. Or he just won't tender at all.

I think its really a non-issue. Personally, if he choses not to tender, that's fine with me. Some institutions may be turned off on a stock with such a thin float.

On the other hand, maybe PA has set his price and will enlist his pals to help him get the stock down to $90 over the next two weeks and shake out all the short-termers.

Regards,

Ron
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