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


To: KLP who wrote (20723)8/11/2000 11:07:19 AM
From: rampingup  Read Replies (2) | Respond to of 28311
 
I am very surprised how "RELAXED" this thread has been about this deal and the fall in stock price...the street seems mixed with a bias toward the negative...this deal was done with a price for gnet in the mid 80's...as I write this we are trading 50.75. Is anyone else out there uncomfortable with what has happened to our blockbuster deal. Hommie made comments about this week being a very good week for insp/gnet...well that obviously has not been the case...the one week road show seems to be falling on deaf ears...Russ has spoken....and there is no reaction...THAT IS A FIRST...The market has not been great, but it sure has not been NASTY...if we get the September/October meltdown, what will be left of the deal...maybe this just isn't that big of a deal...not much to worry about. I know what some are thinking the market sucks, and we are caught in the middle...same old story...



To: KLP who wrote (20723)8/11/2000 1:17:17 PM
From: Hawkmoon  Read Replies (1) | Respond to of 28311
 
Abhisek Gami, who covers the stock for William Blair & Co., said, “We believe that the addition of Go2Net, one of the Internet’s most profitable companies, looks good and is only the first step in the company’s expansion into the emerging broadband market.” (Go2Net has relationships with several broadband partners, which is one of the reasons InfoSpace was so attracted the deal.)

Watch what this guy says and pay attention.

Abhi Gami is an up and comer in the analyst community, IMO. I used to interact with him years ago when the only discussion boards we used to hang out on was UseNet and "misc.invest.stocks". He was an early backer of AOL during its early Nasdaq days.

Having him looking at INSP and making positive comments certainly cannot hurt.

Regards,

Ron