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

To: Robert Rose who wrote (10372)	7/27/1999 8:54:00 AM
From: red_dog	Read Replies (1) \| Respond to of 28311

I've read somewhere that Gates sells 20 to 40 thousand shares a week, this doesn't hurt a good stock. I wouldn't suggest to anyone to hold to great of a percentage of any stock. I would look and see what percentage he is holding. That to me is more important. Rg

To: Robert Rose who wrote (10372)	7/27/1999 11:16:00 AM
From: Technologyguy	Respond to of 28311

All the selling by Horowitz and Keister was mandated by the Paul Allen deal. Believe me, the senior management has not lost any faith.

To: Robert Rose who wrote (10372)	7/27/1999 1:43:00 PM
From: Larry Zenith	Read Replies (1) \| Respond to of 28311

Russell only owns 10% of GNET. Before PA's deal, he used to have 3 something M shares. He has to surrender a third to Vulcan in order to let the deal go thru. After that, post-split, he owns around 4M shares of GNET, considering GNET's 41M shares outstanding. Barring any potential shares he is going to convert from options, he only owns 10% of the company. How could he sell 10% of GNET? Is he cashing out? No effing way. The one factor I considered when I invested in GNET is that there is no way for insiders to sell. #79