SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?


To: jon zachary who wrote (16624)2/2/2000 5:02:00 PM
From: Carolyn  Read Replies (2) | Respond to of 28311
 
Nice move today. Maybe someone heard us. <g>



To: jon zachary who wrote (16624)2/3/2000 8:06:00 AM
From: playavermont  Respond to of 28311
 
Here is where the actual #'s come from...

<<Upon the sale of the shares in the initial public offering, CommTouch will sell
an additional 896,057 shares to Go2Net, Inc. and an additional 448,029 shares to
Vulcan Ventures Incorporated in a concurrent private placement at a price equal
to the initial public offering price less the underwriting discount (14.88/share). In
addition, a warrant will be issued to Go2Net, Inc. to purchase 1,136,000
ordinary shares at an exercise price of $12.80 per share.
By the way, the above warrant for additional shares at 12.8 is locked up for 6 months.>>

Go2net investment
896,057 shares @ $14.88 = $13,333,325.00
1,136,000shares @$12.80 = $14,540,000.00

TOTAL INVESTED $27,873,325.00

Price Target of $100 / Sh. = $203,205,700.00

Nice if it happens!