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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 95.78+0.7%Dec 24 12:59 PM EST

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To: Tae Spam Kim who wrote (2145)3/17/1999 3:32:00 PM
From: MangoBoy  Read Replies (1) of 28311
 
<< Paul Allen WILL NOT sell the stock.. >>

Really?

Allen was once a very large holder of AOL. He sold out.
Allen was once the owner of Starwave. He sold out.
Allen was once the owner of TicketMaster. He sold out.

Despite all, Paul does not have a 'Midas Touch' by any stretch (name a company that has gone 'gold') and his market timing on individual stocks has been poor (c.f. AOL, ERTS). Allen's empire is fueled by his vast MSFT holdings, a company he has no meaningful influence upon.

On paper the GNET deal looks good but don't think Paul Allen's involvement makes it a 'sure thing'.
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