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

To: levy who wrote (23884)	1/29/2001 6:07:05 PM
From: Bosco	Read Replies (1) \| Respond to of 28311

Hi levy, from what I gather, NJ and crew are winging it right now with regard to GNET properties. That is why they keep promising a strategic plan in 30 days. That said, it is not too disastrous. First, we now can make better guesswork as to why the mgt changes. Maybe the three who left [with reduced role] have three sets of reasons. Second, those who prefer to stick with Mr Horowitz may still have a chance. Lastly, more important, I think there may be a good chance that the investment houses may try to prop up INSP stk price in the near future [at least!] While they are probably disappointed INSP is not going to do major M&A, spinoffs and property sales can generate some fat fees <G>! It is possible that the Street will not punish INSP [hard] on the revenue situation as HO-MEE has alluded to. There is still meat for the wolves :) best, Bosco