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To: The Duke of URL© who wrote (89551)2/7/2001 5:26:26 PM
From: Captain Jack  Respond to of 97611
 
Duke-- I hope Jill did well too. She is a great person,,, her new hubby probably retired,, LOL! As for SI Bob,, well he & I had a couple differences of opinion,,, is that a surprise? ;-]



To: The Duke of URL© who wrote (89551)2/7/2001 5:39:15 PM
From: Jimbo Cobb  Respond to of 97611
 
Duke...Maybe G2net was acquired for $4 Billion a few months ago by INSP, but it appears the entire market cap of INSP these days is only about $1.5 Billion (INSP has dropped from appox 60 to 5 since the merger was announced and approx 25 to 5 since the merger was completed) , so unless the G2net'ers cashed in immediately, their stake has dropped quite a bit already....and judging from some of the recent press out of INSP, they are tightening their belts and laying off a lot of folks....

quote.excite.com
---------------------------------

Jimbo.

On Tuesday, Infospace announced its plan to layoff 250 employees and said it plans to revise guidance upward.

Goldman Sachs & Co. analyst Vikram Mehta said the stock fell that day because of a "misunderstanding," as many
investors probably assumed bad news when hearing about the revised guidance.

"We didn't think people would look at it that way," said a company spokeswoman, who said it was unfortunate for the
company but noted that the misunderstanding was corrected in Wednesday's conference call announcement.

Infospace has taken several steps in the last few weeks to realign growth areas and cut costs, she said, explaining that
the revised guidance will be based on those initiatives.

The Internet infrastructure company has faced several difficulties in the past year, seeing not only a slowing market but
also the departure of its senior management team.

In the last two months, Infospace announced the departure of its management and lowered 2001 revenue guidance by
40% to $215 million. The company said it would give an update in late February.

Wednesday's press release indicates that the company is willing to talk about things sooner rather than later, said
Mehta, which investors are interpreting as a good sign.



To: The Duke of URL© who wrote (89551)2/7/2001 5:52:09 PM
From: Jimbo Cobb  Respond to of 97611
 
INSP 3-yr chart....

quicken.com

Hope Jill and the brothers did well and cashed some out of GNET and/or INSP along the way !!!!!

Jimbo.



To: The Duke of URL© who wrote (89551)2/7/2001 5:56:52 PM
From: Jimbo Cobb  Respond to of 97611
 
No plans to abandon SI, per this dude....

Message 15313563

Member 8366578

Of couse, maybe he's on the way out too and just doesn't know it !!!!

jajajajajajajaja

Jimbo.



To: The Duke of URL© who wrote (89551)2/7/2001 6:01:31 PM
From: Night Writer  Read Replies (5) | Respond to of 97611
 
I wasn't aware of the buy out. I hope Naveen Jain is genius enough to improve the SI connection and speed. It has been a mess lately. I also hope he made Jill and the brothers who were genius enough to start SI rich. His stock holders aren't rich.<g>
NW