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To: chic_hearne who wrote (13766)8/25/2000 1:43:27 AM
From: KeepItSimple  Read Replies (1) | Respond to of 436258
 
>All for a company with WELL under $1 billion in revenues for the year,
>probably for the life of the company

Actually, less than 40 million in revenue last year, and deeply in the red if you subtract the interest income generated by the secondary offering.

That hasnt stopped Naveen from selling half a BILLION dollars worth of INSP stock. Monetizing shareholder ignorance, baby. That crook gets the crown of this mania. Nobody has ever done it better.

Too bad it's getting more expensive every day to pay off the list of people he's ripped off. I see he settled last week with 3 former INSP executives for a hefty sum. Half a billion doesn't go as far these days as it used to.