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

To: Pareto who wrote (16707)	2/8/2000 8:05:00 AM
From: playavermont	Read Replies (1) \| Respond to of 28311

Any thoughts on this: GNET going to the markets for a secondary offering? Do a deal that will obviously gain relationships... Raise $350 -$500 Million... Look around at LCOS, Network Solutions etc. The market is extremely receptive to the net these days... An don't say they are operating at a profit and don't need the money... look at Network Solutions... A short year ago if you were a net company and had $50-$100 Million in cash you looked fine...When GNET did the $300 Million from Allen they looked great... Well, its a year later and if you have less than $150 Million your considered endangered with the top tier real Cash level these days at $400-$750 Million

To: Pareto who wrote (16707)	2/9/2000 3:02:00 AM
From: brk	Read Replies (1) \| Respond to of 28311

P - thanks for saving me the time of posting my thoughts regarding NDB deal. After the Datek fiasco, I think I remember that someone mentioned NDB as a possible replacement, but can't remember who is was..... anyway, regarding this... I don't believe we will see IPO's out of GNET. I hope not. I think that this would make an interesting discussion on the thread (i.e. positive and negative aspects of spinning off SI, etc.) My take is that Russ and Co. are like the A-Team....they are constructing an arsenal of weapons out of common household appliances and some Duct Tape. Acquire a msg board at a bargain, add features, acquire a kick ass charting service at a bargain, make a strategic alliance with an OLB, etc. etc. >take your "financial supersite" and spin it off as an IPO while holding a large chuck of the interest in the new co. >stock goes up (we hope) and increases the value of that large chunk of interest >supersite maintains a long term strategic alliance with parent co. >everybody makes money What would be some negative consequences of the spin-off? regards, #26