InfoSpace (INSP): Where GNET went! Message Board

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

INSP 96.41

+3.5%

3:59 PM EST

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To: Josef Svejk who wrote (5251)	5/7/1999 12:47:00 PM
From: Obewon	Read Replies (1) of 28311

Getting back to the original question... All I was doing was trying to point out why some (not particularly me since I finally decided to buy in a small position at $177... ugh!) could see a downside to the deal. I believe someone else recently mentioned that the $300M in cash is not as big as it appears while Internet stocks remain at their lofty levels. It is when the bubble bursts that the cash will be important. I certainly don't want GNET to consider any acquisitions which would use up this cash when its stock is a much better currency. I happen to think that GNETs strategy of buying very low maintenance content is a terrific plan. Obewon

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