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

To: Hawkmoon who wrote (19173)	5/14/2000 10:56:00 PM
From: Pareto	Respond to of 28311

An award for small websites: sylloge.com:8080/5k/home.html Not all users have loads of bandwidth, Gnet's programmers could put some of the ideas to work. Lot's of javastuff. All these sites use less than 5.120 bytes. For comparison, SI-home today was 47.764 bytes. Yahoo today was 11.718 bytes. Nice calendar: sylloge.com:8080/5k/entries/81/calendar4.htm A handy color tool: sylloge.com:8080/5k/entries/171/visualizer.html and a place for playa: sylloge.com:8080/5k/entries/40/com.html Indeed a good article in Forbes. Makes us feel better again.

To: Hawkmoon who wrote (19173)	5/14/2000 11:19:00 PM
From: Steven R. Michaud	Read Replies (1) \| Respond to of 28311

Ron, Reference you message below..... Do you think the price of the stock needs to be high...I imagine...a company might want Go2Net to buy them out...with stock at the current price... I'm sure most realize the value of GNET's stock...and that it has tremendous potential......an example of what I mean.. Let's say GNET wants to buy Company A... Company A wants 20 mil! If I were the company I would ask for a percentage of the 20 mil in cash and the other in stock...suppose...7.5 mil was given in cash..and the 12.5 million in stock...that would equate to ~277,000 shares at $45 a share. If the stock were at $90 a share, that would equate to half that amount...~138K...but perhaps with not as much potential growth... Company A might figure it would be worth getting the 7.5 mil, plus a quarter of a million shares of GNET..that in less than a year might double...to $90/share...net proceedings would be 7.5 mil plus 25 mil...for 32.5 million instead of 20 million... Now, I have no idea if anyone in their right mind would think this way...I imagine anyone that feels GNET has potential..might think they could take advantage of their potential and grab money and valuable stock now for their company...instead of taking a chance in the networld..where today a company exists...and tomorrow it folds or is gobbled up by the competition... Finally, what does GNET lose, except a few more shares of dilution...which for all practical purposes--at this point in time, won't hurt the stock any at all.. thoughts... P.S. I've always been one for a good conspiracy...(GNET allows stock to drop..so to entice companies they wish to acquire)... Message #19173 from Ron Reece at May 14, 2000 9:06 PM ET ALL the internet stocks have been hammered over the past several weeks. Including ours. We have down over 50% from our highs and could potentially go down to support or approx 28% of our highs. I certainly hope that Russell has better things to do with that cash than to dole it out to shareholders of money starved internet companies. I would rather give them our stock (at higher valuations, of course) and preserve the cash. You all know I love GNET and the guerilla business mentality that Russell is following. My only beef is in not spending the time necessary to convince the street that GNET is a better value that its cash poor brethen. Regards,

To: Hawkmoon who wrote (19173)	5/15/2000 12:03:00 AM
From: tahoe_bound	Respond to of 28311

Yes indeed, nice article. Thoughts. 15 months ago, the CEO for a new builder of homes company was interviewed by Forbes, the article was extremely positive, and the tone was utter disbelief that virtually no one had caught on to the values. A year later, a few things have changed. The p/e for this company has now gone down from 8 to 4. The revenue and earnings growth both continue to be 40% +. Margins are up, backlogs for work still growing. Cash on hand still growing nicely. 2 other things have changed though too since then. The stock price has gone down another 15%, (across the board for the group too) and there has been 0, that is zip, nada, NO new coverage from Wall Street initiated. For 2 of the corporate officers that are bona fide Billionaires, this surely affects them far less than the unfortunate small investors who just don't get it and haven't for years. This in no way means that GNET is an exact duplicate situation, or that this is the future. However, I am here to tell you that having seen and experienced the similarities a few times too many now, the phenomena of fundamentals just not mattering in the least when a) nearly no one cares and b) market conditions totally overwhelm any good news or anything at all for that matter, it is best not to think that good things are guaranteed and "have to happen" just around the corner. When the market is disinterested, there is no telling how long it will persist and what will be the catalyst for change. (Just ask Hasbro investors for another example and I was one last year too, why the market didn't care at all with the great things they were doing at $30 stock price last May such as the Star Wars and Pokemon rollouts, now languishing at $15 for 6 months. Ouch.) Aside: Saw 2 interesting branding things this weekend. On TV saw a Lycos sponsored racing car. Large exposure. At the movie theater, before the previews there are still frame advertisements. Usually from the local realtor, restaurants, car lots or hospitals. Was surprised to see 1 for Earthlink, and another for about.com! Repeating often for captive audiences all week. Probably did not cost much if micro businesses can afford it. Got to give Earth. and about a little credit for their attempts at establishing or reinforcing a base of consciousness.

To: Hawkmoon who wrote (19173)	5/15/2000 7:57:00 AM
From: HO-MEE	Read Replies (2) \| Respond to of 28311

Ron, My comments about the cash position being "king" means that anyone thinking of being acquired by a company like Go2net will be further induced by the strength of our balance sheet(CASH).In addition, it is MUCH more attractive to be acquired by a company where you believe the upside on your newly acquired shares(having been bought out)has a lot of room to run to much higher levels...............I believe the next 2 quarters should be active ones on the acquisition front and VERY exciting for the shareholders.