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

To: levy who wrote (13490)	10/29/1999 12:36:00 PM
From: jon zachary	Read Replies (1) \| Respond to of 28311

66 million in cash and equivalents. 151 million in short term investments, 75 million in long term investments. i dont know where this cash and equivs are from but obviously the majority is from p.a. 151 million in short term investments is basically liquid. that is the money i was reffering to. then the additional 66 million in cash. the balance sheet looks excellent. i was just saying that they will get even greater returns than short term investments, which are probably bonds and other cash instruments. it will be interesting to see what unfolds.... ohh yeah, i guess they have not spent the 300 million from p.a.... again i dont know what % of this cash comes from that, obviously most of it. 151 +75 +66 292 million Assets Current assets: Cash and cash equivalents $66,786,513 Short-term investments $151,000,000 Total current assets $226,384,468 Long-term investments 75,447,337