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


To: Tim McGee who wrote (23988)1/30/2001 3:45:33 PM
From: David Howe  Respond to of 28311
 
<< Did anyone here notice that another major company decided to make exactly the same decision that INSP made in de-emphasizing consumer/portal internet business - the same day. >>

Yep, no surprise at all. What has the last year in the market told all of us? Answer: Online advertising is not the place to be (witness the decline of Yahoo and every other internet stock that had anything to do with revenue from online advertising).

INSP is selling the parts of GNET that are failing to grow. This is not the fault of INSP, it's a market / economic reality.

IMO,
Dave