InfoSpace (INSP): Where GNET went! Message Board

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

INSP 89.89

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Nov 21 9:30 AM EST

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To: Scrapps who wrote (4952)	4/30/1999 2:46:00 AM
From: RTev	Read Replies (1) of 28311

Don't see where GNET could lose myself. GNET in its current form won't lose no matter what happens. But the Allen purchase increased its value partly on expectation that it would become a prime partner in at least a small cable operation. I figure there's a small chance that that could change. The value of cable companies has increased in the past few weeks. Would the losing suitor in the UMG affair be interested in buying Allen's properties? Would he sell? I think the answer to at least one of those questions is "No", but it's a risk. Either AT&T or Comcast with partners could offer so much that Allen couldn't pass it up. If that were to happen, then GNET would lose that part of its perceived value. But again, I don't think Allen wants to sell to anyone. I believe he's as interested in the technical challenges of creating a new medium as he is in the investment value of the properties. But then, money talks -- even to someone with way too much of it like Allen.

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