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: HO-MEE who wrote (24006)1/30/2001 6:09:35 PM
From: HO-MEE  Respond to of 28311
 
To all Go2net Employees(now INSP).....My condolences for your current situation.......I want to personally thank you for ALL your hard work along side GREAT people like Russ,JK,Mike Riccio,etc........Go2net was quite a ride for ALL of the early investors and now the dream has died....long live the dream that was GO2NET.......



To: HO-MEE who wrote (24006)1/30/2001 6:15:51 PM
From: Bosco  Respond to of 28311
 
Hi HO-MEE, unlike some of the folks here who are sure what has happened, I profess I know nothing. Believing them or not believing them doesn't do my portfolio any good. For all I know, they may leave for the same reasons or for three sets of reasons. So big deal if J is a power hungry person. To me, many CEOs are anyway, without it, the drive is not the same.

My point is that this is unclear to me and people who are fanatic about taking sides are either misguided or having their own agenda. This is not a moral thing either. It is just that I am an equal oppty skeptic. Since I don't know better, I resort to use face value as my guide. Fact, the stk tanks well before this mgt fallout. Fact, hintsight 20/20, INSP and GNET were too different. Fact, most mergers or acquisitions don't have good retention track records. Fact, S could leave but didn't. Fact, the CFO was a investment banker who got to INSP when dotcom was not dotbomb. Fact, J didn't handle the fallout well. Fact, S and H didn't help to calm the nerve. These are facts sans moral judgement.

Do I want to see it handle better? Yes, if the 3 parties could make a public powwow, probably it would go a long way. They didn't, but I don't know why. OTOH, if they made nice in public, could people buy at this price? I don't know. Why did the stk hit the bottom last Dec before this alleged mess came to a front in Jan? Did someone know before us outsiders? Maybe.

These are questions I ve no answer and I am sketical of answers offcered by emotive outsiders. Instead, I look at the prospect of the company, the technical behavior of the stk, with one finger at the buy button and one finger at the sell button. Neither do I want to sway others. I said what is in my mind but leave room for others to use their own thinking. We may agree, we may disagree and we may even agree and disagree on different things on different occasions. I am here to make a buck, not being a moral judge :)

best, Bosco