SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Dryer who wrote (11715)9/3/1999 11:40:00 AM
From: levy  Read Replies (1) | Respond to of 28311
 
Jeff D I need your help here. I am trying to figure what GNET is worth the way Steve Harmon figures things. See if you think this sounds correct. First I need to revise my figures from my earlier post now that I read that ZDnet article which indicates media matrix gives GNET 11.2 million unique viewers in July. So figuring this new number thats 11.2 million x $500 per unique viewer*. That would give a market cap by Harmon's estimates of 5.6 billion for GNET. Now using GNET's numbers of shares outstanding of 43 million we divide and get a share price or $130........now that sounds real good to me....add to that harmon's opinion of $500 per unique viewer seems a bit low to me so things might be even better that this. What's your opinion of this logic? *from recent harmon story on netzero which gives $500 value for a viewer p.s. GNET longs you can respond to that zdnet article..its interactive...I did!