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

To: Bosco who wrote (23689)	1/25/2001 11:26:19 AM
From: levy	Read Replies (1) \| Respond to of 28311

here is an excerpt from that letter to go2net staff from Horowitz.....I know this would be standard but we all trust Horowitz........and trust as you know is a very important thing "It is a merger. We call it a merger for the following reasons: (1) from an accounting perspective, the deal is a pooling of interests, not a purchase, so we are essentially combining our financial statements; (2) Go2Net is contributing equitable revenue to the combined company; (3) Go2Net's executive management will continue in key executive roles when the companies complete the merger later this year; and (4) Go2Net and InfoSpace have a similar number of total employees. Despite all of this, some members of the media and certain individuals will call it an acquisition since GNET shareholders will end up with INSP shares. That is fine. Technically, it is a merger, but we are not going to go on a holy war to explain this to people. The combined company will be named InfoSpace and we should feel at least as strongly about it as we have about Go2Net. Just because the name changes, it does not mean it is not OUR COMPANY. We should take tremendous pride in the position and opportunities of our new company. "

To: Bosco who wrote (23689)	1/25/2001 11:39:07 AM
From: HO-MEE	Read Replies (2) \| Respond to of 28311

Russ Horowitz is not naive and he did not get to where he is by dumb luck as you possibly suggest. He created Go2net on a shoestring budget and did so with ZERO support from the street. Jain is BY FAR the controlling shareholder in INSP.........over 50% of all marriages end up in divorce......draw your own conclusions.

To: Bosco who wrote (23689)	1/25/2001 2:15:03 PM
From: KLP	Respond to of 28311

Bosco...In response to your observations, go back and see what was happening in April 2000...to all stocks, tech in particular....(right at the same time of the MSFT judgement by the JD)....Take a look at the charts of any of the stocks...then read the boards and the messages of the time....perhaps a few messages each month on any stock you are interested in....I will be posting some additional notes here in a few minutes.... I agree with Levy....there is more to this story.....want to bet? you said: When the merger was announced, the mkt has begun to crumple. While the net was still riding high, I will bet the insiders know the funding has begun to dry up. I said this on the assumption that suckers like us retail customers in the stk mkt are the last to know. The trailing indicator, if you will.