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

To: Susan G who wrote (25613)	3/13/2001 2:49:00 PM
From: KLP	Read Replies (2) \| Respond to of 28311

Hi Susan...Do all mergers (or any others you can think of) turn out this way...in just two months (Oct 12, 2000 till the middle of Dec 2000, as it appears....announced changes in Jan 2001)....??? I've only been in one other...MSFT and VSIO...and it was seamless and no problem for the shareholder.... There are too many questions not answered...and that March 9th article by Jain was just 'over the top'....especially in view of the info that has been posted here and on the other INSP board.... Wonder if we as shareholders and former shareholders should let other shareholders in other companies know some of the pitfalls of merging...by pointing specifically to INSP and this so called merger...(can't understand why robbery keeps coming to mind...) There are numerous message boards in case the plug is pulled here....also the press and the SEC... There is one announced today....wonder what the intent is here....in 2 months...4 months...6 mos etc. And no, I don't have this one... VoiceStream Shareholders Approve Merger Mar 13 1:34pm ET BELLEVUE, Wash. (Reuters) - The No. 6 U.S. mobile phone operator VoiceStream Wireless Corp. on Tuesday said its shareholders approved the company's $23.9 billion merger with German telecommunications giant Deutsche Telekom AG . VoiceStream, based in Bellevue, Wash., agreed to be acquired by Deutsche Telekom last July. A significant decline in Deutsche Telekom's stock over the past few months has cut the deal's overall value, to $23.9 billion based on Monday's closing stock prices from $50.7 billion originally. Deutsche Telekom is also acquiring West Point, Ga.-based Powertel Inc. , which VoiceStream agreed to acquire last August for about $6 billion. That deal is now worth $3.42 billion. Powertel shareholders approved the company's merger with VoiceStream and Deutsche Telekom Tuesday. The Deutsche Telekom-VoiceStream deal remains subject to approval by the U.S. Federal Communications Commission and review by the Committee on Foreign Investment. The deal between Deutsche Telekom and VoiceStream have come under fire from some U.S. lawmakers, who have expressed concern that the German government's approximately 44 percent direct stake in Deutsche Telekom could have an impact on competition and U.S. national security. Current U.S. law allows the FCC to block foreign telecommunications companies that are more than 25 percent government-owned from buying a U.S. company if it determines the deal is not in the public interest. The German government has publicly pledged to eventually eliminate its stake in the telecommunications giant. The deal has already received clearance from antitrust authorities, and the companies also struck a deal in January with law enforcement agencies to ensure their ability to conduct legally authorized surveillance of certain calls. Shares of VoiceStream rose 3 percent at $91-1/16 on Nasdaq in midday trading and American Depository Receipts of Deutsche Telekom rose 2 percent at $23.68 on the New York Stock Exchange.