Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: trouthead who wrote (23423)	1/22/2001 4:45:38 PM
From: Bosco	Read Replies (1) \| Respond to of 28311

<edited>Hi jb - actually, IMHO, Sarun's excuse is the only plausible one. With his background, he probably doesn't need to worry about his future, the conditions [moving and long hrs] are iffy to a 46 yr old individual who doesn't need to worry about his livelihood. Incidentally, the following article has a bit morsel worth reading zdii.com Despite Sarun and Horowitz getting the spotlight, I think losing Rosenberg is the biggest loss <edited> to be clear, neither Sarun nor Horowitz are leaving the company. best, Bosco

To: trouthead who wrote (23423)	1/22/2001 4:55:41 PM
From: David Howe	Read Replies (1) \| Respond to of 28311

<< Why would Sarun leave a company he thought was going places? >> Because his options are priced something like 500% higher than today's prices. INSP could do spectacularly over the next five years and never get above the strike price of the bulk of his options. A large part of his financial incentive (the mass of options he got when he joined INSP) is not going to be recognized any time soon. He will go to another company and get a large batch of options priced at today's level. Dave