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


To: Sarkie who wrote (16280)1/19/2000 8:57:00 PM
From: trouthead  Read Replies (1) | Respond to of 28311
 
Pro Forma? I think I know that this measn before special charges. And I don't have a problem with the way it is reported. I think it would be useful to us longs on the board to try to figure out how GNET is doing non-proforma on a quarter to quarter basis. You know compare apples to apples and oranges to oranges.

Why did they report a non proforma loss of 11 million? Was that for acquisitions? How does that compare with last quarter? I can see how it compares number wise in Sarkies post to last year. But what did they do this quarter that would account for the 11 million and how will it play out in the future?

I don't know enough to know where to start. Help.

jb



To: Sarkie who wrote (16280)1/19/2000 8:59:00 PM
From: Roger Sherman  Read Replies (1) | Respond to of 28311
 
Sarkie, some interesting quotes in that article.
seattletimes.com

"If we have a risk, it is that our advertising revenues are growing so fast," said Horowitz. "There are big benefits of being a top 10 (Web site). Our goal has been to bring balance between the ad revenue and the nonadvertising revenue, but we are big believers in both."

In a conference call with analysts yesterday, Horowitz indicated that Go2Net is looking to make minority investments in other Internet companies.

Go2Net is developing an interactive TV device that Horowitz said will be released this summer. It will likely be first used by some of the 6 million subscribers in the cable-TV operation Vulcan controls.