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

To: atskaggs who wrote (18584)	4/19/2000 4:06:00 PM
From: tahoe_bound	Read Replies (1) \| Respond to of 28311

Atskaggs I would suggest writing a letter of concern to management, that is certainly what I am doing. It may not be of any use, but as shareholders we have a voice. Post #18,550 has many fine points that really need some reflection. Not just for GNET, but the other broadband partners as well are in a similar boat. I sincerely hope the new CFO injects a lot of ideas among others on how to remedy the stock price, by doing whatever it takes. The attitude of hoping for the best that the attention must come, ain't working, and in a bearish backdrop of the market, it obviously only has compounded the problem and in return our teeth get shoved into the cement right along with all of the non profitables. GNET is not standing out feeling little effects as predicted 6 months ago, it has been taken down in sympathy along with everything else. Really, if you bought last year at this time right when Paul Allen did or before, what if someone would tell you that they knew for a fact a year later the nasdaq would be 3,500 and more instead of 2,400, 20% higher?? You would be smiling from ear to ear, until they told you that GNET would set record profits for every quarter, yet the stock would be trading lower and 50%+ off its high. I really like the way this company operates their business model for the most part, that is why I invested in it. (Except for pushing back the schedule a bit for Broadband apparently) But I thoroughly detest the stock, there is a difference, and how it is not supported nor is there any apparent concerted effort to change that. Not a safe risk in a dangerous market environment. By the time GNET tries to pick up the pieces of the shattered net companies, the way the stock price is going they could be a very tempting target for a buyout themselves.