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


To: tahoe_bound who wrote (23465)1/23/2001 8:51:24 AM
From: The O  Respond to of 28311
 
InfoSpace to Develop and Deliver Broadband Services and Interactive TV Applications on the Liberate TV Platform
LAS VEGAS, Jan 23, 2001 /PRNewswire via COMTEX/ -- InfoSpace, Inc. (Nasdaq: INSP chart, msgs), a leading global provider of cross-platform merchant and consumer infrastructure services on wireless, broadband, and narrowband platforms, today announced the development of InfoSpace's broadband services and interactive TV (iTV) applications on the Liberate TV Platform(TM).

(Photo:http://www.newscom.com/cgi-bin/prnh/20000420/INFOLOGO )

InfoSpace will provide its private-label broadband services and iTV applications including channels such as money, games, search, reference and more on the Liberate TV Platform. In addition, InfoSpace is a member of the Liberate PopTV(TM) Program, an initiative designed to enable and promote end-to-end iTV solutions for network operators and customers based on Liberate's open standards platform.

"Liberate Technologies is clearly a leading global player in the rapidly developing interactive TV marketplace, and InfoSpace is thrilled to be working with their platform to extend the distribution of InfoSpace's broadband technology platform of services and applications," said Michael Riccio, InfoSpace executive vice president, broadband.

"Liberate is excited have InfoSpace in the PopTV Program," said Erik Smith, director of developer relations, Liberate Technologies. "From interactive gaming to financial information -- InfoSpace is raising the bar for the enhanced TV experience."

Editor's note: Throughout NATPE (National Association of Television Program Executives) 2001 Conference and Exhibition, InfoSpace will demonstrate broadband services and iTV applications at Liberate's booth (#2047) at the Las Vegas Convention Center.

About InfoSpace, Inc.

InfoSpace is a leading global provider of cross-platform merchant and consumer infrastructure services on wireless, broadband, and narrowband platforms. The company provides commerce, information, and communication infrastructure services to wireless devices, merchants, and Web sites. InfoSpace's partners encompass a global network of wireless, PC, and non-PC devices, including cellular phones, pagers, screen telephones, television set-top boxes, online kiosks and personal digital assistants. InfoSpace has relationships with AT&T Wireless, Cingular Wireless, Intel, Virgin Mobile, Verizon Wireless, Hasbro, National Discount Brokers, and Bloomberg LLC, among others. InfoSpace's affiliate network also consists of more than 3,200 Web sites that include AOL, Microsoft, Disney's GO Network, NBC's Snap, Lycos, and ABC LocalNet. InfoSpace is also positioned to tap the market for broadband wired (DSL and cable) and broadband wireless (2.5G and 3G) services, such as interactive gaming, television and other entertainment services. In addition, the company recently added back-end payment processing to InfoSpace's existing commerce services, allowing InfoSpace to offer everything a merchant needs to conduct the entire lifecycle of a transaction, one of the key drivers of mobile commerce adoption.

This release contains forward-looking statements relating to the development of the company's products and services and future operating results that are subjee date of this release or to reflect the occurrence of unanticipated events.

CONTACT: Steve Stratz of InfoSpace, Inc., 206-357-4104, or steve.stratz@infospace.com.

Source: InfoSpace, Inc.

Contact:

Steve Stratz of InfoSpace, Inc., 206-357-4104, or
steve.stratz@infospace.com
/Photo: newscom.com
AP Archive: photoarchive.ap.org
PRN Photo Desk, 888-776-6555 or 201-369-3467
URL: infospace.com



To: tahoe_bound who wrote (23465)2/17/2001 3:20:56 AM
From: tahoe_bound  Read Replies (3) | Respond to of 28311
 
No one will hear more from these clowns

At least for some time, perhaps until it is time to defend in a class action suit or 2.

Once they were anointed saviors by the "trillionaires" at 2000 annual meeting, the wonder boys felt they could do no wrong, and with a glint in their lovely eyes felt very justified coasting by with minimum news all the way to the sellout from the time of the Uncle Allen infusion. Some show of faith, and what genius stewardship. Sit on a mound of cash just like a bank, report the interest as earnings then wait for the dot bomb door to open, open chutes, land in great personal financial shape. Slick and quick.

Yes, no one forced them to sell the company, just like no one forced any one else to keep holding no matter what in the folly that A) Things have to and will get better guaranteed! 30% down is not sustainable! OH, now 90%? No problemo! And b) That the market would simply ignore the clearly deteriorating technical picture and fundamentals and say what the hell, break out the champagne in honor of the "thousandaires" heading of to a pilgrimage in Shangri La.

Stop losses, lock in gains, what for, who needs them? Hogwash... Complete confidence in cult leaders is all that is ever necessary. Letting fat profits turn into serious irrecoverable losses does not matter, just join a group and belong to a clique, catch a few falling pianos with some mad money, express undying emotion and unreturned love for some run of the mill exec. officers that obviously only were out for themselves and were lucky enough to be in the way of a fad in the first place, and all pains large and small are thereafter eliminated.

Of course, the next bottom is right around the corner now that the damage has been done. $2 can't possible be seen, much less $1. Shuuurr. Along with all else, increasingly such articles like the recent one in USA Today harshly critical of the "pro forma" charade by companies foisting the best face forward but now increasingly under scrutiny by the SEC to tell the damn truth and stop misleading, won't instill much confidence. However, that won't stop those who will never give up on the mania mentality, and who now just desperately need scapegoats so they can conveniently avoid personal responsibility and perish the thought, won't EVER have to be deprogrammed from the Horowitz lovefest cult.