InfoSpace (INSP): Where GNET went! Message Board

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

INSP 75.78

-3.5%

Jan 30 9:30 AM EST

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To: Josef Svejk who wrote (6635)	6/2/1999 12:13:00 PM
From: ElJeffeSD	of 28311

Paul Allen bought a majority stake in Metricom (MCOM) and paid (I believe) between $15 and $17 a share. It has since dropped to as low as $3 a share. It has rebounded in the last few weeks. But it didnt seem like he was too concerned (to support the price) of MCOM while it dropped nearly 80% of its value. Seems like he puts little worry into the short term price movements of his companies and is probably more concerned with his long term plan of integrating the companies into his 'media' model. Just my opinion. Jeff

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