SI
SI
discoversearch

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: bosquedog who wrote (23993)1/30/2001 4:17:05 PM
From: Bosco  Respond to of 28311
 
Hi bosquedog, I think yours is a safer bet [than mine.] To make sure the stk has bottomed 1st before jumping in.

best, Bosco



To: bosquedog who wrote (23993)1/30/2001 4:24:20 PM
From: David Howe  Respond to of 28311
 
<< I would like to know what Jain's strategy is first. >>

We know what their strategy is. We don't know the exact breakdown of revenue and the exact areas that will be sold off, but we do know what INSP's business will be going forward.

INSP is the same company I've followed from day one. The reason I like the company is WIRELESS. Now they have m-commerce, broadband and merchant services, but those are all frosting. The cake is wireless.

INSP bought GNET and along with GNET came some consumer businesses that don't fit INSP's vision of their future. They have announced that they want to sell off some of these consumer services. Sounds like they are focusing more on the core businesses that attracted me to INSP in the first place.

IMO,
Dave