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

To: Greg S. who wrote (18162)	4/6/2000 1:46:00 PM
From: trouthead	Read Replies (1) \| Respond to of 28311

Right on GS. Only change I would make is Whisper Numbers are a sideshow at the stock market carnival. jb

To: Greg S. who wrote (18162)	4/6/2000 2:10:00 PM
From: rampingup	Read Replies (1) \| Respond to of 28311

I give up..If you actually think everything you just said has anything to do with people publishing bogus whisper numbers, than so be it. Most of what you said I agree with, but still has nothing to do with the hypesters hiding behind whisper numbers.

To: Greg S. who wrote (18162)	4/6/2000 2:28:00 PM
From: tahoe_bound	Read Replies (3) \| Respond to of 28311

On earnings "Companies that have a long history of beating expectations are priced accordingly." As I have mentioned here a couple times, the home builders are an example of earnings not mattering. DHI for instance has grown their earnings for 18 consecutive YEARS. They consistently beat the number. So does KBH, earnings were up another predictable 30%. They have beat their numbers now for 15-20 quarters in a row. It is common for these companies to blow away their whisper numbers. Do you think it matters for their stock? Certainly not. Just like the bull market has not. They have missed out, while making gobs of money in the meantime. Most of them are down to price levels of many years ago, still struggling to hold $20 bucks. They all have p/e ratios of 4 for this year. This is no joke. Each company separately is making more money and revenue than most internets combined ever will. KBH had over a billion in revenue last year. Model home sites sell out in a matter of days, with no inventory left over as they are built to order. None of it matters though, because they just can't get their message across. They have very little analyst coverage, and don't even try for the most part for it. The IR departments have the attitude that "the stock price will take care of itself." I finally had to sell because these were going absolutely nowhere fast, and that was more than a year ago. (Now watch them double in 2 months from now, ha ha they are starting to sell on line with virtual tours.. I recommended that among other ideas to a CEO believe it or not) Other sectors like insurance, airlines, financials, utilities, other unloved old economy stocks face the same fate. Believe it or not even some tech stocks. They can post all of the good earnings they want, they can have single digit p/e ratios and all of the rest. Often times earnings alone just do not do the trick. It is like going to work. It is great that you produce more than your peers! But if you do not show up on time, or your image and charisma is not well considered by those who count, you will likely not get much attention/respect or a promotion. Without enthusiasm generated by major news and with little coverage, it is far too easy to be relegated to the back seat these days. I have to wonder what it will take for our management to realize that the status quo is not attracting a fresh new round of faithfuls, and if the catalyst for recognizing a change in strategy necessary is not a 40% decline in the stock and down from a year ago while missing out on the massive Oct-March tech run up is not, then what would be I wonder? The message here is that there is not much in the way of enthusiam by other than those already in, and that needs to be changed by a re-doubling of efforts towards vision and clarity of strategy. The call is just is not getting through right now. I say again, pay the fees/penalties or whatever, get a stepped up move on to the new location, get some major news events (the street can tell what is and what is not namby pamby) and lets get this ball rolling again. Its not every day that a Paul Allen is going to come rolling in and drive up the stock and interest through a major purchase. I am still left wondering if the broadband rollout will be by June as promised, or if there are delays unknown to us. I hate to say it, but the more there are delays, or the more the competition gets ahead by eating our lunch and the less news there is to go off of, it tends to feed on itself. A low stock price is obviously not conducive to acquisitions and deals. As well, when is the last time we have heard any analyst speak of GNET in the media? Something needs to change, and soon in my opinion. And this is all my opinion.