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To: Andy Thomas who wrote (51474)12/27/2000 2:02:58 AM
From: KeepItSimple  Read Replies (3) | Respond to of 436258
 
>i hope he gets away with it.

Which part? The billion dollars in cash he got from selling INSP stock to suckers at the exact peak of the mania? Or the defrauding of half of his executive staff?

Dollar for dollar, by any revenue/profit to insider dumping ratio of ANY dot.com in history, Naveen takes the cake. He puts everyone else to shame.

For every penny in *revenue* that Infospace made over its entire history, Naveen sold over a thousand dollars of stock to the public.

UTTERLY ASTOUNDING.

And it will never happen in our lifetimes again. These kind of stories will make the public flee the equity markets, and likely lynch people like Naveen and Bezos and Meeker and Blodgett in the process.