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: The O who wrote (23696)	1/25/2001 11:49:49 AM
From: Bag of Pucks	Respond to of 28311

i hope it's not from that joker 'infoman' on the yahoo boards who announced that DoCoMo was buying INSP at $23... :-)

To: The O who wrote (23696)	1/25/2001 12:03:30 PM
From: lizking	Read Replies (1) \| Respond to of 28311

Here is the information on the American Express Deal.... from Reuters PALO ALTO, CALIF., DEC 27 (Reuters) - The shares of infrastructure services company Infospace Inc. rose over 37 percent Wednesday after an analyst broke news of its deal with financial services giant American Express Co. Infospace, which provides content and merchant services for Web sites and wireless carriers, closed $2-15/32 higher at $9-3/32, still significantly off the $138-1/2 high it hit in March. "There is a deal, but beyond that I can't provide additional details," said Mark Peterson, Infospace's vice president of public relations. In a research note Tuesday, Wedbush Morgan Securities Analyst Scott Sutherland said he was researching Infospace's IQShopper software and discovered it powers American Express' ShopAmex portal, a relationship the companies had not announced. "We believe the launch of the ShopAmex portal is a positive event for Infospace as it provides the company with a solid, multifaceted revenue opportunity and a high profile customer to showcase its IQShopper service," said Sutherland, who reiterated his "strong buy" rating on the stock.