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

To: KLP who wrote (23506)	1/23/2001 12:51:25 PM
From: levy	Read Replies (1) \| Respond to of 28311

speedia.com plays the AA game.........some time ago I signed up for speedia.com to check it out as it offers alerts and the such similar to infospace.....after awhile I turned my alerts off so as not to be bothered.... well yesterday three times they send me news about infospace management shakeup even though I did not have alerts on or requested any infospace news...I suspect they sent this to all their customers.

To: KLP who wrote (23506)	1/23/2001 11:21:51 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 28311

Well, they now own over 5%, but I have no idea whether this is more than they possessed as a result of the merger. If someone can find signs of accumulation then one could suspect a take-over as a possibility, but I hardly think it will be at this price. Charter could be on the prowl since, if I recall correctly, they went out and issued some more bonds. But if INSP doesn't deliver on earnings come Monday, this stock situation could get ugly and leave Jain in a forced sale position.. Just pure speculation on my part... but it would fit with Allen's "wired world" concept, and in such a situation, Horowitz's departure as an officer would remove any conflict of interest. But don't anyone go and get grandiose schemes of a $40 takeover... Insiders have been selling like there is no tomorrow.. Maybe they saw the handwriting on the wall and were showing their disgust at Jain. I might be a little harsh on the guy, but from what you all have told me, and the idiocy of the way they handled the merger, it makes me wonder just a bit. But I can be pretty confident that GNET employees, who have poured their heart and soul into following Russell on this venture, can't be happy. And without their expertise, Jain is screwed to the point they he will need someone to bail him out. Regards, Ron