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

To: trouthead who wrote (18612)	4/24/2000 4:43:00 PM
From: feodoroff	Respond to of 28311

Maybe people are starting to realize that an Internet company who has turned a profit 5 quarters in a row, has an excellent management team, and has a business model that is second to none is a GREAT BUY and VERY undervalued.

To: trouthead who wrote (18612)	4/24/2000 5:23:00 PM
From: levy	Respond to of 28311

Here is what I would like to believe and should be true. First off as we all know GO2NET is one of only a handful of profitable internets and everyone has been talking about that being important. Second, thanks to Paul Allen GNET has lots of money in the bank and therefore may be viewed as an internet play that can withstand the storm....excuse me Keister, I have that wrong...outlast the other runners in the marathon. When Paul Allen invested in this company he set it apart from others....it in my opinion gave it a sort of gold standard......how many times has gnet tested his buy in level of 45???.....everytime it comes close we move back up....right now if you are playing an internet, GO2NET would seem to me one of your savest bets.

To: trouthead who wrote (18612)	4/24/2000 5:28:00 PM
From: HO-MEE	Respond to of 28311

Here is why we were strong relative to the group(from a trading perspective).There has been a seller of a humongous # of GNET shares on Instinet EVERY day for the past 11 trading days(not counting today) Today the seller never showed up. I believe this seller has had a MINIMUM of 500,000 shares and it may have been larger, up to 900,000 shares.It could be an institution getting out of their position but I believe it is a seller from one of the many deals Russ has done in the past.GNET registers the shares shortly after a transaction has been completed and doesn't require the acquired companies to hold stock for any length of time......this will help to keep acquisition prices paid down as there isn't the typical(risk) length of time before shares free up.When other market makers know that there is a big seller a a certain price level, they will short stock for their own account knowing that there is a safety net that the stock won't rise through.In addition, there was good buying across the board which is healthy as we aren't relying on one source to support the share price. Regards to all.......