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

To: Hawkmoon who wrote (18550)	4/18/2000 3:37:00 PM
From: The O	Respond to of 28311

Was there anything new said during the TV spots?? I missed them. O

To: Hawkmoon who wrote (18550)	4/18/2000 3:38:00 PM
From: brb	Respond to of 28311

From today's Seattle P-I: Earnings: Go2Net surpasses market's estimates Tuesday, April 18, 2000 SEATTLE POST-INTELLIGENCER STAFF and NEWS SERVICES Go2Net Inc. yesterday posted second-quarter profits that blew away Wall Street estimates as the Internet portal saw revenue quadruple and daily viewing of its Web sites nearly triple. The company said pro forma profits for the three months ended March 31 rose to $8.3 million, or 18 cents a share, on revenue of $18.7 million, compared with profits of $1.14 million, or 3 cents, a year earlier on revenue of $4.3 million. The Seattle-based company, backed by Microsoft co-founder Paul Allen, was expected to earn 11 cents a share, according to consensus analyst estimates compiled by First Call/Thomson Financial. Go2Net, which runs Web properties such as the MetaCrawler search engine and the Silicon Investor financial site, said daily traffic on its network grew to an average of 34.9 million page views per day in March, compared with 12.6 million a day a year earlier. The number of advertisers, a big source of revenue for the network, grew to 542 from 346 a year earlier, according to the company's earnings report. Strong sales of business services and technology platforms also helped deliver the company's fifth consecutive quarter of profit growth, Chief Executive Russell Horowitz said in an interview. "The growth has been across all segments," Horowitz said. "We see momentum across all our business segments." Go2Net saw strong growth in its business technology areas, such as Authorize.net, a payment authorization service for online businesses that added 12,000 merchants in the quarter, bringing its total to 70,000. The company also kicked off its HyperMart Network that provides tools and services to help small businesses take to cyberspace and start selling goods over the Web. Horowitz said Go2Net could step up its pace of acquisitions after re cent turmoil on Wall Street that has pulled the stock prices of many Internet companies back down, making them attractive takeover tar gets. "For us, it actually creates a unique opportunity to accelerate our growth strategy," Horowitz said of the recent broad sell-offs in the stock markets. Shares in Go2Net rose $7.38 to $55.25 on the Nasdaq yesterday. Earnings were reported after the close of trading.

To: Hawkmoon who wrote (18550)	4/18/2000 3:56:00 PM
From: tahoe_bound	Respond to of 28311

Thank you Ron. That was said far better than I have been able to in more than a couple of posts. I had more to add but what for. You said it all and I hope people pay attention. Re: technicals the RSI reading was below 20 on Fri. Each time it has been below 20 over the past year, a nice rally ensued. The money flow graph says the same thing. However, the 200 dma will now be resistance instead of support going forward. The daily stochastics are turning up from oversold, a good sign. Still...... complacency is the enemy, I for one won't let my guard down. Been there too often in the past.

To: Hawkmoon who wrote (18550)	4/18/2000 5:13:00 PM
From: levy	Respond to of 28311

Ron regarding "And now it is time to "go to the mountain" and spread the word far and wide so that we can take this model to an even higher level." ok that is very good you are catching on as this is a good time of year to suggest such a thing. Passover is coming but it was Moses I believe not the Messiah who led his flock out of Egypt. As for the Messiah unless I am not mistaken he and his buddy Kiester have been trying to catch as much free press as possible from this earnings announcement......if I am not mistaken Go2Net seems to get more attention from some of these folks than most others....that is I believe there is a clear cut grass roots, lets help the little guy beat geliath thing going on for Go2net in some corners.....and I think more is coming.... remember it would not take much advertising dollars spent for us to have no profit....remember the now famous Keister line: "Its a marathon not a sprint" or Horowitz line he always repeats about "organic growth"...starting to think he is a vegetarian....and speaking of marathons so when are you going to agree to do your little speedoroots part by flying out on June 25 and joining JZ in the "speedorun 2000".