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Microcap & Penny Stocks : OTC:BB STOCK PICKING Challenge -- Ignore unavailable to you. Want to Upgrade?

To: KZAP who wrote (3704)	7/26/2000 3:34:51 PM
From: DanielleC	Respond to of 17315

COOL! They should be in contention for sure!

To: KZAP who wrote (3704)	7/26/2000 7:13:21 PM
From: Old Stock Collector	Read Replies (1) \| Respond to of 17315

After Hours Action: InfoSpace to Buy Go2Net Earnings once again dominated the after hours session. But, there was one merger announced after the bell. InfoSpace (NASDAQ: INSP - Quotes, News, Boards), the provider of information services for Web sites and wireless devices plans to buy Go2Net (NASDAQ: GNET - Quotes, News, Boards) for $2.67 billion in stock. InfoSpace will issue 1.82 shares for each share of Go2net. In addition, InfoSpace reported a pro forma net loss of $3.3 million, or a penny per share, compared to a pro forma net loss of $0.02 per share for the year-ago quarter. The consensus estimate was a $0.06 per share loss. Revenue for the quarter was $24.6 million, a 252% increase over the $6.98 million reported for the same period last year. In the after hours session, InfoSpace is down more than $7 to $40.63 while Go2Net is up $7.50 to $68.06.