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

To: Roger Confirmo who wrote (7522)	6/17/1999 6:54:00 PM
From: playavermont	Respond to of 28311

Yes...BUT... Lets just say GNET has 35MM outstanding after this split on the 24th. Lets just say the stock heads up to 150 -175 /share in the relatively near future... ( like July 10th :) ... relax I'm only kidding) They have a stock offering of 5MM shares and they can RAISE $750MM to fund the future... which in my opinion will take huge amounts of capital... how often do you see a company with 10MM in sales get a $300,000,000.00 infusion with the chance to raise hundreds of millions more? I'll take 40MM outstanding with the addition of 750MM CASH to the balance sheet anyday... Just a thought... All, please continue to share pros and cons with regard to this matter!!