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To: KeepItSimple who wrote (2174)	8/21/2000 6:21:22 PM
From: playavermont	Respond to of 3070

Wow...just saw an interview on CNBC with INSP Chairman Naveen Jain... Noticed the interviewer brought up the one analyst that had negative comments with regard to the GNET merger...Jain said that the one analyst was the only one out of 14 analysts who made a negative comment... he said that one analyst was the only one who didn't get it... Jain said everbody else had positive responses to the deal... Right back at the interviewer who was trying for the negative spin... This stock looks like it is in hibernation until it has major announcements or it shows some astounding numbers with regard to wireless REVENUE growth... One thing I don't get... IF the market thought INSP was worth $11-14 Billion before the deal... $50-60 per share x 230 Million shares outstanding prior to the deal... Now it is saying it is worth $8.8 Billion now. $28 per share x 315 Million shares after the deal closes in November... Yeah...dilution in terms of shares outstanding... but lets see what INSP gets for the dilution... MERGED WITH GNET and Instantly: DOUBLED there revenue! GNET is PROFITABLE, PROFITABLE, PROFITABLE! Gained a company with 30% operating margins ( second best to only Yahoo!! ) Gained nearly $300 Million Cash!! GAINED a partner in Paul Allen! GAINED all of GNET's investment portfolio and partnerships! Gained a foothold in Broadband! Gained the Largest Internet Credit Card Payment Service! (authorize.net) Gained Entertainment for Wireless! Directly and indirectly! GNET has Playsite, Hasbro's Games.com, Sandbox, as well as P. Allen's other entertainment holdings including a large stake in Dreamworks... I have no idea if this will turn out to be a great investment opportunity... I just have no idea why the market has ravaged this stock in the last 3 weeks... They paid a price for GNET... but they are getting alot for the "money"... ALL MHO!

To: KeepItSimple who wrote (2174)	8/29/2000 12:47:44 PM
From: H James Morris	Read Replies (1) \| Respond to of 3070

Hey Kis, are Naveen and Paul related? <vbg> >Bloomberg News Media Vision Technology Inc.'s former chief executive pleaded guilty to two counts of wire fraud, acknowledging he helped to inflate the Fremon-based company's 1993 financial results. Paul Jain, 55, could face 10 years in jail, $500,000 in fines and restitution to victims for his role in what regulators have described as the biggest securities-fraud case in the history of Silicon Valley. Jain is scheduled to be sentenced Dec. 1 in U.S. District Court in Oakland.