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


To: Bosco who wrote (25555)3/7/2001 10:49:44 PM
From: Rational  Read Replies (2) | Respond to of 28311
 
Hello Bosco,

I have no dispute with any one. Furthermore, I knew about Naveen Jain only after I chose to invest in INSP in February 2001.

I have seen posts here superciliously singing praise about the GNET management, while demeaning Naveen Jain. I see no objectivity of these posters, unless they have shorted GNET and then INSP which is likely. I have read a lot about the history of GNET and INSP.

Naveen Jain seems to like to have a competent full-time CEO who would be stationed in Seattle and work as hard as him. I do not see much in Sarin's contribution towards INSP's mission, except that he over-paid for GNET causing a lot of dilution. I think Sarin botched up the VOD deal and his connection with the wireless industry added up very little for INSP.

I like INSP's business model, though broadband is likely to contribute very little in the short-run, justifying why INSP has retrenched mostly ex-GNET employees.

Rational