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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 83.51-1.6%3:59 PM EST

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To: Offshore who wrote (6339)5/28/1999 10:34:00 AM
From: BradleyMarshall  Read Replies (1) of 28311
 
> It went something like this. If netstock company profits and sales like Ebay grew at
50% per year for 10 years and then 25% for the next 10, their stock would be
worth 10% of where they are now according to normal EPS ratios.

What if they grow at 150% per year for the next 10?

> You can buy a $ 10K server, and about 10K in software, and hire 2 kids from High
School to make a web system really kick ass.

And with a $500,000 ad budget, you could probably drum up a little traffic. But not enough to compete with amazon or yahoo or ebay or GNET.
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