Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Robert Frisbee who wrote (12206)	9/21/1999 4:54:00 PM
From: sandintoes	Respond to of 28311

Forbes? Didn't they just have a great article on GNET about three months ago? I'll have to go check that out. Maybe I'm thinking of another magazine.

To: Robert Frisbee who wrote (12206)	9/21/1999 5:01:00 PM
From: Sarkie	Respond to of 28311

Where are you finding that information? I checked Forbes and found no mention of GNET. Would you post a link?

To: Robert Frisbee who wrote (12206)	9/21/1999 5:38:00 PM
From: playavermont	Read Replies (1) \| Respond to of 28311

The Forbes article says GNET should be at 10? Well...lets see here... With about 43,000,000 shares outstanding and GNET's recently restated balance sheet that would put GNET at roughly: $430 Million Market Cap Thats: 1.0 times Book Value 1.6 times cash and BELOW its TOTAL assets of $450 Million... Jeez... Wouldn't one think that a growing Net company with $260 Million Cash and a $30 Billion Strategic Partner expect SOME sort of premium in their stock price?? Did I mention they are profitable? Did this article mention any other rapidly expanding web properties as grossly overvalued?