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


To: trouthead who wrote (13380)10/28/1999 5:57:00 PM
From: neverenough  Read Replies (1) | Respond to of 28311
 
I just put an order in to buy more GNET at 63 in AH, I don't think I'll get filled though, the ask is 68.



To: trouthead who wrote (13380)10/28/1999 5:57:00 PM
From: sandintoes  Read Replies (2) | Respond to of 28311
 
Why is INTC more mainstream than GNET?



To: trouthead who wrote (13380)10/28/1999 6:11:00 PM
From: yzfool  Respond to of 28311
 
CMGI:100%. No doubt investment income counts. Lots of companies have cash; its not enough. Knowing how to use it determines the creme de la creme. yz



To: trouthead who wrote (13380)10/28/1999 6:22:00 PM
From: LRNLATN  Read Replies (2) | Respond to of 28311
 
<<8 cents from investments and 4 cents from operations. What percentage of earnings of other, more mainstream companies like INTC, come from investments?>>

Warren Buffett believes in similar percentages - and he has done just fine. (Berkshire Hathaway doesn't even make shirts any more so operations earnings are pretty thin,) But his stockholders are ALMOST as happy as GNET longs are!



To: trouthead who wrote (13380)10/28/1999 7:36:00 PM
From: Dr. Zax  Read Replies (1) | Respond to of 28311
 
What percentage of earnings of other, more mainstream companies like INTC, come from investments?

Actually, INTC has a very large amount of cash, while the percentage of interest vrs. earnings is no where near that of GNET's it does account for several cents per quarter.

GNET's cash position is a major asset when their stock price is as depressed as it is. The stock price makes it much more economical for them to pay cash for web properties - with Paul Allen's help GNET has that option, whereas competitors do not have the option of paying cash for sites.

Speaking of PA, when is Charter IPOing? Is it still slated for Nov. 1? Does this board still think that a charter IPO will have an effect on GNET share pricing and why?

proud to still be #10,
Dr.Zax

P.S. GRUB!!