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


To: Hawkmoon who wrote (10841)8/5/1999 11:55:00 AM
From: PhantomTrader  Read Replies (1) | Respond to of 28311
 
CNNfN just mentioned Go2Net's purchase of Dogpile.com. Sasha Salano said that Go2Net purchased Dogpile.com and after the purchase, Go2Net still has a warchest in excess of $300 million and will continue to make strategic purchases. She then went on to say that Go2Net posted a loss of 20 cents per share which was 2 cents better than wallstreets expectations. Then they pointed out that at that time, we were down $3 per share for the day.

Can you believe it, they reported the wrong earnings!! the loss belonged to GoTo.com!!!

By the way, they reporters on CNNfN said that part of the problem with the I-Net stocks was the people who buy on margin are having to cover. I know some of the people on this thread do that so I would have to say that you guys who buy on margin helped dig this hole. So quit complaining!!