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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 89.89+8.0%3:59 PM EST
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To: B. A. Marlow who wrote (5226)5/7/1999 8:53:00 AM
From: Hawkmoon  Read Replies (1) of 28311
 
"But there's always the possibility that he could raise his offer. It's up to him."

Screw that!!

Let him buy them on the open market like the rest of us.... <VBG>

The minute he places another tender offer on the stock, he has essentially placed a cap on the upside potential.

The first offer was a hedge at placing a floor under the stock. I can't find ANY rational reason to believe that PA thought the stock price would decline due to his investing $300 mil into this company. Certainly not the rationale that was reported in the news article.

Regards,

Ron

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