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


To: jon zachary who wrote (15994)1/14/2000 6:02:00 PM
From: bruiser  Read Replies (1) | Respond to of 28311
 
Wow...after all of that my estimate is $.25 Please don't ask how I came up with that as anyone who follows CHTR will know that my guesses are way off.
Bruiser



To: jon zachary who wrote (15994)1/15/2000 8:15:00 AM
From: playavermont  Respond to of 28311
 
About the Hasbro deal...

The analyst sad:

<"we believe Go2net will be able to monetize the agreement by recieving an upfront licensing fee of $7.5 million, development and service fees">

This is from the press release:

Go2Net will receive from Hasbro a $7.5 million fee for the license and access to Hasbro's most popular games for a licensed, co-branded Games.com offering on PlaySite. Separately, Hasbro and Go2Net will enter into a three-year development and service agreement to collaborate in the development and operation of Games.com. During 2000, Hasbro expects to spend approximately $60 million to develop and launch Games.com.

How much of the $60 Million HASBRO will spend in development costs actually goes to Go2net? It looks as if the $7.5 Million licensing fee may be the tip of the iceberg here...Obviously, a large amount of the $60 Million to be spent THIS YEAR will be in house costs for Hasbro, BUT a good portion looks to be going to GNET. Remember, they are looking to add "200 new employees over the coming months".

Keep in mind Go2net has grown from 69 employees 14 months ago to 325 today.

Also, the Playsite frontpage is actively promoting the Hasbro deal as well as having a direct link to job openings at Go2net...