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


To: Robert Rose who wrote (25245)2/20/2001 3:06:48 PM
From: stockman_scott  Read Replies (1) | Respond to of 28311
 
<<the post referenced here is why i still have a bad taste in my mouth about gnet, not just insp. eom>>

Robert: At least you realize that the GNET management team may not have been totally committed to serving the needs of all the shareholders. This is not just my view -- I have read things about this on the Yahoo and Raging Bull threads. I also have looked at the SEC filings and watched the patterns of selling that GNET management (and their VC shells) have exhibited. They surely are not a great friend of Paul Allen's (since he still holds ALL his shares)....Yet, IMO INSP has the potential to come back strong and and be a true powerhouse in the wireless and broadband era.

I will also admit that I am not proud of all the things that NJ or the INSP management may have done in the last few years. Some of their tactics may be questionable. Just like some of Larry Ellison's tactics are very controversial. I am not a moral judge and I am choosing to invest in INSP based on the DD I have done and the future prospects that I feel it has. IMO, the risk/reward trade-off at the current prices is amazing and I think LONG TERM shareholders may be richly rewarded in the months ahead. Just my views.

Good luck investing.

Best Regards,

Scott