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


To: Hawkmoon who wrote (13689)11/2/1999 6:58:00 PM
From: Carolyn  Respond to of 28311
 
We'll keep our fingers crossed, but after that ridiculous call by JP Morgan, I have my doubts.



To: Hawkmoon who wrote (13689)11/2/1999 7:07:00 PM
From: Sleeper  Read Replies (1) | Respond to of 28311
 
As for GOTO, I don't believe they have the business model that GNET has, but they certainly seem to have a greater following on the street.

Absolutely correct, Ron. We are still being punished by the street for not using any of the "big boys" for the IPO. They are vindictive, to say the least. I look forward to the day when people start saying, " Goldman Sachs- who are they?" when reading recommendations. The internet has the power to do just that.

Sleeper



To: Hawkmoon who wrote (13689)11/2/1999 7:11:00 PM
From: Larry Zenith  Read Replies (1) | Respond to of 28311
 
I've been comparing GNET/GOTO all the time because of their similar names. GOTO is worth more than GNET, that puzzled me.

GNET has actually 42.x M shares outstanding, so the market cap is around 2.9B, more than 1.9B shown on Yahoo. But still less than GOTO.

From my Datek account, GNET is only "NS" ( no share for shorting ), so I would think GNET is heavily shorted by, I don't know, probably by the gal at MSDW who thinks GNET is worth only $10, or Chris Byron who thinks that GNET should trade around $15. I don't know why these people chose GNET as target, instead of GOTO. But one thing is sure: GNET apparently hasn't made many friends on the street. Is it because GNET didn't pick a big guy as underwriter???

Long GNET #79.