Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Sarkie who wrote (24955)	2/12/2001 6:41:54 PM
From: Bosco	Read Replies (1) \| Respond to of 28311

I have not had a chance to listen to the CC, but from the give n take in this thread, and the PR below biz.yahoo.com I still couldn't find anything too disastrous. The stk did trade down subsequent to the CC, but it could be 1) selloff from those who still habored some hope of the GNET revival; 2) sell on the news, simple as that; or 3) something more sinister. They are not mutual exclusive, of course, and there are other possibilities I cannot think of at the moment. I think it is a reasonable outlook [I reserve the right to retract upon listening to the CC <g>] But of course, even at this price, it is carrying a 2002 forward p/e of 50. Not cheap with the current mkt sentiment. However, once growth is back in vogue after the "inventory correction" in the next 2 Qs, and especially when wireless is coming back into focus, this price probably would be a good basis at the bottom. Just my 2c. BWDIK best, Bosco