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

To: KLP who wrote (22590)	12/1/2000 9:53:32 AM
From: levy	Respond to of 28311

The Locus transaction has not closed yet.....wonder what happens with that.....the Locus people would now be getting about half of what they bargained for ...there are probably nasty terms for Locus to get out of the deal so it will probably still go thru as is......are details of those terms in print anywhere?...here is all I could find......also I guess new acquisitions are going to be difficult for now for all these companies....infospace is lucky it got so many acquisitions in before the market melted....gnet's cash infusion to the mix for infospace is looking better all the time......I would not be at all surprised to see Paul Allen buy a bunch at these levels.....I own a few stocks where buybacks were announced yesterday Excerpt on Locus deal "InfoSpace will issue approximately 4.3 million to 5.5 million shares of its common stock for the Montreal, Canada-based enterprise, based on a formula to be calculated at the time of the acquisition's completion."