InfoSpace (INSP): Where GNET went! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

INSP 86.37

-0.5%

Nov 14 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Blue Snowshoe who wrote (6528)	6/1/1999 1:37:00 PM
From: Susan G	Read Replies (1) of 28311

Hey Blue! This is from Steve Harmon's Smonthly subscription newsletter today. Go2Net (NASDAQ:GNET) has had a fantastic run since my pick of it 12/31/98. Up 488%. While I think anyone with any sense may want to consider taking some cost basis off the table (with all of these stocks), I think Paul Allen's 30% buy in of GNET (he wanted more)signals a commitment at the level aimed at the future Internet. Allen looks to be assembling a great array of Internet firms/services all these years after his bid for AOL (remember 1995?). Allen may have the last laugh yet as one of the few tech financiers who I believe fully understands that we are not in the mainstream days of the Internet--that this mainstream Internet is coming. That is the real opportunity. We are still in nerd world today. So if you think you've seen it, it's not here yet. That's why Allen agreed to acquire a handful of cable systems to roll into his Charter Comm., making it #4 in terms of users. He also acquired a chunk of online trading firm Datek. Pieces for tomorrow's Internet. What Internet is that? always on, smarter, faster, relevant, globally aware, one which fully uses computing power with instaneous distribution. And it is not buying books.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next