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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?


To: Sleeper who wrote (7472)6/17/1999 1:50:00 PM
From: Dany Tremblay  Read Replies (1) | Respond to of 28311
 
Thus, the creation of new shares will only occur to satisfy new business needs as they arise, up to a maximum creation of 500mil shares? Which would mean to me that if a split is required or a stock purchase needs to be made or stock options need to be handed out, shares will be created to compensate as long as the total number of shares does not exceed 500mil. It makes sense then. Dilution will only really occur when the new shares are used to satisfy non-income profit generating situations, such as splits and options bonuses.



To: Sleeper who wrote (7472)6/17/1999 6:14:00 PM
From: playavermont  Read Replies (2) | Respond to of 28311
 
Yes...They will obviously use these newly authorized shares for aquisitions and FUTURE stock splits...

It is also feasible that Go2Net and Mr. Allen are planning ahead for a possible entry to the markets for future stock offering...

Lets face it, if the market for net stocks heats up dramatically it would be nice to RAISE more CASH through a second offering...Look at EBAY a couple months back...They did it and added 1.2 BILLION dollars to the balance sheet...

I know GNET has a huge cash reserve, but this will be a long fight to the top and the guy with a plan and BIG $$$$$ usually wins out!

All JMO! Please comment. Thanks