To: levy who wrote (2152 ) 8/20/2000 10:36:50 PM From: KeepItSimple Read Replies (1) | Respond to of 3070 the "contracts with 88% of the market" is a TOTALLY misleading statement. There are 20 or 30 other data providers for the cellular web arena, all competing for space along with infospace. 88% of the market means that infospace has gotten SOME FORM of placement on 88% of the cellular market. It doesn't mean they have 88% EXCLUSIVE placement, it just means they have paid enough to appear on 88% of the cellular market. Yahoo already has "100% contracts" with the wireless market, as they exist on every cellular WAP enabled phone. It doesn't mean they have 100% of the market! It means they simply have paid to appear on the default bookmark screens of all the major cell phone manufacturers. Just like any of the other dozen or so providers who have paid to do the same. Bloomberg, fidelity, yahoo, etc. All infospace has done is paid a fee to the providers to appear in a list of bookmarks on these cellphones. They don't have a single exclusive "lock" on ANYTHING. Naveen Jain is a common crook. If you think he won't use misleading statements in press releases in order to keep the ball rolling while he dumps another hundred million dollars worth of shares, then I've got a bridge in brooklyn to sell you. And to those who say the HALF BILLION DOLLARS of infospace stock that naveen has already sold is insignificant, because it represents only a fraction of his total infospace shares, GIVE ME A BREAK. A half billion dollars is a half billion dollars. 3 years ago Naveen couldn't even scrape up 3 thousand bucks to pay for licensing rights for software he was trying to re-sell. Monetizing shareholder ignorance. BTW- If anyone wants a list of the paid "evangelists" that Infospace employees to present a positive viewpoint on the message boards, send me a private message.