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

To: levy who wrote (25376)	2/24/2001 10:41:21 AM
From: Sarkie	Read Replies (1) \| Respond to of 28311

Everyone please look for a sign. Now, would that be a handpainted wooden sign, or perhaps a flashing neon sign?

To: levy who wrote (25376)	2/24/2001 1:00:55 PM
From: Sr K	Respond to of 28311

"executive consultant" is most likely not an executive and not a consultant. It is an extension of a non-compete and a restriction on the windows of allowable selling of the stock (compared to making a clean break). But it is also a window on what is happening, which could be a prelude to a management buyout of certain assets, or at least a view or review of the deal to sell/dispose of those assets.

To: levy who wrote (25376)	2/24/2001 1:47:17 PM
From: Susan G	Read Replies (2) \| Respond to of 28311

Just wondering if anyone ever checked on how much "intangible goodwill" is on the books at INSP, important now that it all seems to have walked out the door.... Can't help but suspect the company mentioned in this really interesting article is Infospace. gold-eagle.com Goodwill is the fudge-factor. Whatever the difference was between what they paid for an acquisition and what it was really worth — that was mostly recorded as "goodwill." Look at this supposedly hot Internet company. Just a year ago, how much goodwill do you think it had on its books? I'll tell you. Zero! Then it acquired a company and ... presto ... suddenly it's bloated up to the gizzards with $18.9 billion of goodwill, according to its September 2000 balance sheet. $18.9 billion! Wanna know how much they got in equity, in net worth? Only $19.7 billion! Think about that. Less than $20 billion net worth; of which almost $19 billion is intangible goodwill. Take away the goodwill, and you're left with less than $1 billion in net worth.

To: levy who wrote (25376)	2/24/2001 3:17:25 PM
From: KLP	Read Replies (1) \| Respond to of 28311

levy (and anyone who likes to READ).... here's a link to some past articles from the local press re events of the last few months... And isn't it odd that none of the reporters did any research on who was buying and selling amounts of stock within the last couple of months? ....I do hesitate to call them reporters if they couldn't even look that up.... So that leads me to the conclusion that it was a straight PR release, and the ST and other outlets just picked it up....with no investigation at all. And we probably can bet that the PR wouldn't have mentioned anything about "who unloaded".... Wouldn't you think that the press, National and local, would be wanting to talk to these folks to see what was going on???? Where they were going...etc..... Makes you wonder WHY NOT???? Doesn't it you??? archives.seattletimes.nwsource.com