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


To: Rational who wrote (25508)3/6/2001 12:34:24 AM
From: KLP  Read Replies (1) | Respond to of 28311
 
That coffee house MUST make strong coffee! Could you share with us any sources for any of your views...and actual charges...(see your references (i),(ii), and (iii)....

There are many points to think about...but in the meantime...again, would be ever so delighted to see whatever proof, or sources you could provide.

I did dig up a few things you may (or may not) be interested in.... The merger (FYI) was announced in July and became final in Oct 2000....(see Roger's overview today)

insidertrader.com
Mr. Horowitz

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Mr. Thompson

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Mr. Jain

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wheeeeee....Mr. Stubbs really went out here on a limb didn't he...

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ditto...Mr. Belsheim

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Don't see any sells for Mr. Keister...except 1 year BEFORE the merger announced...

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Ms. Alben (wasn't she with INSP in the first place...?)

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Ms. Halstead...was and is with INSP now..

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Chris Matty....ExVP of INSP



To: Rational who wrote (25508)3/6/2001 5:00:39 AM
From: The O  Respond to of 28311
 
general fyi re acorn ventures:

acorn-ventures.com



To: Rational who wrote (25508)3/6/2001 12:42:10 PM
From: Dr. Zax  Read Replies (1) | Respond to of 28311
 
Rational:

You'd think I'd have learned not to respond to posts like this by now... I'm capable of restraint on most. This will be my last post to you so feel free to bash away and mis-interpret this post as poorly as you did my last... but:

Just to clarify:
<You must be kidding that INSP would follow Horowitz style >

This was a hope of mine and why I held the stock up to the point it became clear this wasn't going to happen. It would have been better for everybody involved. Note: There is no way to argue for or against this conclusion as it didn't actually happen. The only thing I can say is that Russ was focused on profitability and consistency. That is what the street is looking for these days... the stock would (probably, not definitely) be higher if the company were still relentlessly focused on profitablility and stability rather than restructuring (again). I am sure that not only does Russ have the bandwidth (read: intelligence) to comprehend the INSP technology... but that his entire team did.

<It makes me laugh when you say that I have bitterness about Horowitz leaving!! LOL!!!>

From your very first comment it was clear you were not bitter about Russ leaving. This was never the intent in my comment about your bitterness. I think you are bitter because you held a stock from the double digits (maybe into the triple digits) all the way down to $3.50. If that's the case, I'm sorry and hope it wasn't on margin for your sake. If that's not the case, why are you wasting SI's bandwidth with your frivolous banter? (feel free to answer that honestly in your inevitable bashing response to this post)

< Any institution, including PA and his holdings, would be foolish to purchase before the management proves itself>

Maybe I wasn't explicit enough. There is a tremendous risk in purchasing this stock before the management proves itself -- regardless of the current holdings. There is risk in holding this stock as well, but it is not as high as buying more (chew on that, it may be hard to digest, but it basic economics).

< Did he tell you that he would not buy any more?>

I am not his advisor. It is widely recognized, and follows from my last point, that it would be risky for him to buy more. I do not see what PA selling MSFT and not selling INSP has anything to do with anything at all, except maybe that he is a wise investor who is good at diversification by selling into strength. I stand by my claim that it is unlikely that PA will buy more INSP at this point. He has nothing to gain by doing so, he doesn't need to accumulate capital at high risk, and he already has a seat on the BOD.

sorry for being so long winded,
Dr.Zax



To: Rational who wrote (25508)3/6/2001 1:14:05 PM
From: HO-MEE  Read Replies (3) | Respond to of 28311
 
Rationalputz, It is amazing the insight that you have regarding the GNET/INSP merger and subsequent departure of Russ Horowitz and virtually all of key management.......Russ Horowitz NEVER sold 1 share of GNET before the Paul Allen transaction,Jain dumped stock all of last year.......Horowitz was viewed as a great communicator by many of his employees as well as by Sarin over at INSP............Jain sounds like a monkey that is getting his balls squezzzzzzzzzzed with every third word that comes out of his mouth. Russ Horowitz and his team came over to INSP after the merger ALL having significant management roles.......Russ left INSP after being sick and tired of the BULLSH*T that was Naveen JAIN. If Jain is this great leader that you say he is........Where is the CFO, Rosenberg?, where is Sarin who Jain called the next leader of INSP????, the only people left in management roles at INSP are INEPT mindless drones such as CFO Tammy Halstead who embarass themselves each time they open their mouths.........Why did Sarin jump ship?????? he was Jain's handpicked CEO??????? he could no longer put up with the mad ramblings of Jain who pissed on himself when he wasn't inserting his foot in his mouth. By the way, your "leader" is a known liar having settled lawsuits with former employees and walks away from signed deals. Russ Horowitz left the company when he and Sarin decided that putting up with Jain wasn't worth the effort to turn around a company with major internal problems..........Finally it was interesting to see your posting history, it was almost exclusively on the INDIAN COFFEE HOUSE thread.....obviously you feel some sort of national pride thing to defend Jain.....Good luck with INSP, Jain has scared off the talent and is now trying to rebuild a company with low-class management....I hope the stock goes up for the people that are still in it.