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

To: KLP who wrote (20156)	7/21/2000 1:32:41 AM
From: Sarkie	Read Replies (2) \| Respond to of 28311

GO2NET INC (GNET) EPS estimate up $0.02 to $0.18 for quarter ending 9/00. GO2NET INC (GNET) EPS estimate up $0.02 to $0.17 for quarter ending 12/00.

To: KLP who wrote (20156)	7/21/2000 7:41:46 AM
From: The O	Read Replies (1) \| Respond to of 28311

Is this competition for authorizenet? Visa, Sun, Cisco to form Web payments network July 19, 2000 02:57 PM NEW YORK, July 19 (Reuters) - Top credit-card network Visa U.S.A. said on Wednesday it would join with heavyweight network computing company Sun Microsystems Inc. SUNW and leading Internet equipment maker Cisco Systems Inc. CSCO to form the world's largest private Web-based payments network. Visa DirectExchange, as the network will be called, will be able to process $60 million in payments in an hour and more than 100 billion transactions a year from U.S.-issued Visa credit and debit cards as well as all other forms of electronic payment, Visa said. "While we believe cards will continue to be the standard payment method for the foreseeable future, consumers increasingly will be paying with new technologies, such as their mobile phones and personal digital assistants," Carl Pascarella, Visa U.S.A. president and chief executive, said. "We've built our new payments system to provide banks the infrastructure to handle the unprecedented volume of Visa transactions these new payment technologies will demand," he continued. The move comes as the number of online purchases is escalating and banks and financial services companies are rushing to control the flood of payments crossing the Internet. Citigroup Inc. C , the country's biggest financial services company, said on Tuesday it would team up with America Online Inc. AOL , the world's leading Internet services firm, to sell more financial products over the Web and make online payments easier to handle. Visa's new system has been under development for nearly two years and is based on open technology standards. Sun's platform will allow for a variety of payment types and a high volume of transactions. Cisco's technology will route various types of transactions, Visa said. Visa and fellow credit card network MasterCard are in court this summer fighting off government allegations that they do not compete with each other and stifle innovation.

To: KLP who wrote (20156)	7/21/2000 8:47:21 AM
From: playavermont	Read Replies (2) \| Respond to of 28311

Sorry about that double take... Well, in my opinion the company is a little to mum on their guidance for broadband rollout... On the other hand I am sure there are competitive reasons for the tight lips... It is interesting to see that they have not acquired a company in the last 8 months even after the CEO talks BIG about just that dating back to November '99. One would think there is at least one profitable or near profitable net company to be had out in cyberspace...Is there a problem in getting the deals done?? On the bright side...The earnings are impressive... Year Ago quarterly REVENUES were $1 million LESS than this quarters OPERATING PROFIT! ($5.7 Million vs. $6.7 Million) They are second only to YHOO in operating margins! They can certainly RUN an efficient business! The question is can they GET the business! You have to make money before you can save it! The one thing I will note is that the top line revenue # has to accelerate from here! In a big way!