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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 89.81+7.9%3:58 PM EST

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To: RTev who wrote (4797)4/27/1999 5:56:00 PM
From: playavermont  Read Replies (2) of 28311
 
Here is a funny one for everbody!

Looking at valuations here...

ivillage currently has a MKT. Cap of 2.2 Billion to our GNET's 2 Billion...

Lets see here:
ivillage has a gross margin of a whopping 3% and is bleeding money!!

I believe they have about 60 million dollars +/- and a book value of about the same 60 million +/-!

GNET will have by June 1 or there abouts, 300 Million on the books and a rough book value of 300 million... has a 75% gross margin and has Mr. Allen and his cable holdings!! Expanding etc. / etc. DEEP POCKETS!!

GNET is trading at 7 times Book +/-.... believe it or not this is actually a net VALUE play!!

GO2NET is PROFITABLE! Go2net is the 13th ranked site on the web and has moved up from 21 +/- in the last 6 weeks!

Wait til the street gets going after the split!!

All JMHO!

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