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

To: Sleeper who wrote (9078)	7/1/1999 12:10:00 PM
From: Sleeper	Respond to of 28311

Puna, please see my posts #reply-10346191 & #reply-10346438 Yes it's big news- all very positive. Sleeper

To: Sleeper who wrote (9078)	7/1/1999 12:17:00 PM
From: Adam S	Respond to of 28311

The biggest challenge for the Portal companies is converting all of those eyeball to revenue. Yes, advertising revenue is important, but to really grow as a web business, you need to develop additional revenue streams. This is exactly where GNET is leading the pack with its Hypermart vision. At the current growth rate, there will be over 500,000 small and medium size businesses as part of the Hypermart network by year end. These merchants all need a way to handle their finacial transactions. As such, GNET's acquistion of authorize.net. Authorize.net allows GNET to get a cut of every transaction that these 500,000 businesses produce. Talk about a high-margin revenue stream. Don't underestimate the value of today's announcement.