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


To: playavermont who wrote (23391)1/22/2001 1:14:17 PM
From: Sarkie  Read Replies (1) | Respond to of 28311
 
We just hit a new low for the day, 7 3/4.



To: playavermont who wrote (23391)1/22/2001 1:18:37 PM
From: playavermont  Read Replies (1) | Respond to of 28311
 
The other thing is this... in a market that is looking at the good old ways to evaluate a company...this will not bode well...

Let's face it ... Horowitz had much credibility with regard to operations... Don't forget he had an independent Go2net reporting 29% operating margins prior to the merger... Last quarter the combined INSP/GNET reported 5% operating margins with everybody thinking that with Horowitz at the helm these margins would steadily increase with increasing revenues...

This was specifically mentioned in analyst commentary shortly after the merger....