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

To: silversoldier a/k/a SI Sy who wrote (20047)	7/17/2000 5:07:40 PM
From: Sarkie	Read Replies (1) \| Respond to of 28311

The news just keeps pouring out. Go2Net Q3 profit soars over estimates ================================================================ SEATTLE, July 17 (Reuters) - Go2Net Inc. (NASDAQ:GNET) on Monday reported a quarterly operating profit that more than lived up to Wall Street's expectations as the Web site operator and technology provider attracted more advertisers to its network and drew more customers for its Internet commerce tools. The Seattle-based company said that on a pro forma basis excluding special items like stock compensation, operating profits rose to $10.1 million, or 22 cents a share, compared to $3.1 million, or 7 cents a share a year earlier. Go2Net was expected to earn 15 cents a share, according to consensus analyst estimates compiled by First Call/Thomson Financial. "We saw especially strong growth in licensing and transaction-based commerce, which now represent a majority of our revenue," Go2Net President John Keister said in a statement. Shares in Go2Net rose 4-1/4, or more than 7 percent, to 58 in trading on the Nasdaq on Monday. It released financial results after the close of U.S. markets. In the past 52 weeks, the stock has traded as high as 111-3/4, and as low as 35-3/4. scott.hillis1@reuters.com)) Copyright 2000, Reuters News Service ================================================================