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: NotNeiderhoffer who wrote (12357)	9/24/1999 2:03:00 PM
From: Carolyn	Respond to of 28311

NN, that was fabulous. Does Russell recognize you? I can't wait until the Charter IPO! They are performing so many upgrades in our area. The St. Louis County Council gave them a bye on open access, but did NOT do that for TCI. Charter has excellent customer service here (didn't used to) and will be a great success. Great things coming in 2000!

To: NotNeiderhoffer who wrote (12357)	9/24/1999 2:07:00 PM
From: JB	Read Replies (1) \| Respond to of 28311

Nn, thanks for a very informative post, even if we already know it, its nice to see it all together in one place.JB

To: NotNeiderhoffer who wrote (12357)	9/24/1999 3:32:00 PM
From: V.	Read Replies (1) \| Respond to of 28311

NotNeiderhoffer, Dank u voor heerlijk en informatiev artikel! Erg veel schatten. Hoe ongelukkig dat de aantrekkelijk Nederlands dame doen zeggen Engels...U macht willen steken van de lieftallig GNET dames in plaats. ;) IfyouneedatranslatoratthenextmeetingpleaseletmeknowV.

To: NotNeiderhoffer who wrote (12357)	9/24/1999 3:47:00 PM
From: levy	Respond to of 28311

NotN regarding " I spent most of the time focused on a young, blond dutch girl who pretended she could not speak english" ...Now this being the case how can we know you did not miss something important....did you tape the meeting? Next time you meet a Dutch girl at those meetings be sure to bring your Sprint ready cell phone internet access and link up to this site below before trying to talk to her. dictionaries.travlang.com

To: NotNeiderhoffer who wrote (12357)	9/24/1999 3:53:00 PM
From: Sarkie	Read Replies (1) \| Respond to of 28311

NotN, You are the best! That was a very informative post. Thank you so much for going the extra mile, you are greatly appreciated. I truly am sorry the dutch blond gave you the brush off. Regardless of whether it is mostly a review it is still comforting to know that Russ has Go2Net's growth and his stockholders interest first and foremost. Although the plan is to continue to up the MediaMetrix rating, I really don't foresee that happening until all the pieces are together, i.e. vertical market strategy, broadband, Charter. Once Charter (CHTR) starts trading it will still take some time to complete the puzzle, so the key will be to maintain the current ranking, #9. I think we are all happy with 'Cloud 9.' I am especially pleased to hear that his plans include extended marketing of Go2Net network. Russ seems the type of guy that would not have attended today had he not been 110% prepared. This guy is really going to take this company to new heights. Bet the ones back at the salt mines are happy to hear he is not planning on buying a jet or big ranch in the next few months....and personally I hope the coffee is Starbucks. Thanks a gazillion. SarkienesttimeiminNYillbuyyouatanguerytonicatA's

To: NotNeiderhoffer who wrote (12357)	9/24/1999 5:48:00 PM
From: RAYS	Respond to of 28311

NotN,You are the best! That was a very informative post. Thank you so much for going the extra mile, you are greatly appreciated.

To: NotNeiderhoffer who wrote (12357)	9/24/1999 9:05:00 PM
From: Jeff Dryer	Read Replies (5) \| Respond to of 28311

Awesome write up! Sounds like the meeting went very well. Your paragraph here is quite alarming! Oh yeah, tell those nitwits at Forbes and Morgan Stanley that they have $270 million in cash or about $6.50 a share if my math is right. Which makes that $10 price target about as funny as some of Mary Meeker's recent advice. OK, I know she did not write that but that analyst did not even take a quick look at the company. What can be done about this? A couple days ago a broker contacted me saying, "Did you see the article in Forbes? They say Go2Net is only worth $10" ... this just burns me up. And the content of the Forbes article is originating from Morgan Stanley (who many people trust, right?). Don't the analysts at Morgan Stanley have any obligation to do research? And Forbes is doing lousy reporting on a number of fronts... is Forbes not making an effort to be the high quality magazine it used to be? As you have stated, the analyst at Morgan Stanley, Lorraine Wang, must not have done ANY research but it doesn't matter... she can still spread a lot of crap analysis around the Media. How does Go2Net collect damages? And Maybe Lorraine Wang did do her research and has ulterior motives for speaking badly (and very unrealistically) about Go2Net. She is either trying to drastically and unfairly manipulate Go2Net's stock price or she is extremely neglegent or both. Where is the SEC? This is an example of Wall Street corruption/irresponsibility/manipulation. It really sucks. A quote from Lorraine Wang/Forbes article: "So what's overvalued? Go2Net, a portal site, has $15 million in recent sales, a $70 price and a market value of $1.8 billion. Wang thinks the share price ought to be under $10." First of all, Go2Net's market cap is not $1.8 billion... including all fully diluted shares, Go2Net's market cap is closer to $2.9 billion. To account for this market cap difference, should Wang's "under $10" price target be adjusted down to "under $6"? "Under $10" per share says Go2Net should be valued at less than $430 million (actually $260 million since the article states that Go2Net's market cap is $1.8 billion at a price of $70 per share). Meanwhile, Go2Net has approximately $270 million in cash. Many Internet companies which only have a fraction of the operation and cash that Go2Net has are selling for many multiples of a $430 million market cap. For example, Goto.com (a search engine site only and losing lots of money) is selling for a $2.25 billion market cap. Goto.com is not mentioned in the Forbes article as being overvalued. A list of companies in the Forbes/Lorraine Wang article that are considered overvalued. CNET Go2Net Inktomi RealNetworks Yahoo just looking at the overvalued list... is Go2Net at a $2.9 billion valuation overvalued relative to Yahoo which has a $55 billion valuation (including Broadcast.com)? To summarize: The Forbes article says Go2Net is selling for $70 but a Morgan Stanley analyst, Lorraine Wang, thinks Go2Net is worth less than $10... I would like to see her justification for this. Realistically, all we are left with is a sound byte floating around the investment community (for who knows how long) that Go2Net is "worth less than $10." Lorraine Wang (if she really did make the "under $10" comment to the Forbes reporter) better be looking for another job... a non Wall Street job.

To: NotNeiderhoffer who wrote (12357)	9/25/1999 7:05:00 PM
From: Susan G	Read Replies (1) \| Respond to of 28311

NotNeiderhoffer. Thank you so much for your post...what a fabulous amount of imformation you give us, I don't think we'd hear more great stuff anywhere, unless we had lunch with Russell ourselves. The stuff I'm thrilled about: Extend the marketing of Go2Net network This is my opinion is critical at this time..did you see the new looksmart campaign that was just announced? Wow. It's Impressive, we better get out there with a MEMORABLE one. -The Charter roadshow will soon be hitting a town near you. This is excellent, and the more PR the better... there will always be a fresh cup of coffee brewing somewhere I think they ought to get Starbucks put one of those little mini shops like they have in the airports, right in the lobby. Thanks again, NotN Susan whenareyougonigtostartyourownsteveharmonlikenewsletter?