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

To: Sarkie who wrote (9690)	7/18/1999 8:33:00 PM
From: Keith Howells	Read Replies (1) \| Respond to of 28311

Sarkie, Same question I have asked as well. What does it take to get more coverage? Left a message for Russell, so far no response. Seems like they're trying by attending the available conferences but I don't get it either. Perhaps if earnings are good, one of them will jump on board. As long as Russell and company are attending all the available conferences and keeping their eye on the business, I'm not sure there's a whole lot they can do. If they continue to grow the business and remain profitable, things should work out eventually. I would like to see one of their presentations, maybe there's something there.

To: Sarkie who wrote (9690)	7/18/1999 9:34:00 PM
From: RTev	Read Replies (1) \| Respond to of 28311

The problem seems to be addressed on this thread on a regular basis, but I have yet to see the answers to the above questions. If in fact, additional coverage is the answer, how do we get it? The best explanation I've seen (and I believe I've seen it here) is that the lack of coverage is a kind of a "punishment" for GNET's low-budget IPO way back when. Most of the analysts work for big Wall Street brokerages that benefit greatly from traditional IPOs handled by a select group of investment bankers. The big analysts drink and do lunch (and, umm... more) with the same group of people who see it as their right to handle the IPO of any company that wants to make it. They also work for firms whose blue-chip clients get to buy into IPO shares at or near offering price. GNET avoided that process and has become a major internet player nonetheless. The big brokerages wouldn't want to see others follow their lead. One way to discourage others from emulating GNET in doing a quiet regional IPO is to be able to say to a potential IPO client, "But look at the coverage of GNET. Years after their IPO, only the regionals are covering them. You wouldn't want to have that happen to you, would you?" They will have made their point eventually, and will be able to institute coverage.

To: Sarkie who wrote (9690)	7/19/1999 2:13:00 AM
From: Larry Zenith	Read Replies (3) \| Respond to of 28311

Message 10511690 I was told that GNET keeps talking to the biggies, trying to sell its story to them, but whether biggies buy it or not, it is completely out of GNET control. GNET people told me they are doing their best to get coverage. I even ask what their expectation is, say, by the yearend, get 2, they said they can not say specific numbers they are expecting, they keep telling me they are trying very hard. It is highly likely that it is a conspiracy among biggies to punish GNET for not using them in the very first place, they can also show it to potential IPO wannabes, "hey, look at GNET, although it was best performing internet stocks in 99, it got no respect from big firms, no coverage; look at TSCM, GOTO, guaranteed coverage, blah, blah." #79