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


To: Roger Sherman who wrote (25733)3/29/2001 7:13:04 PM
From: silversoldier a/k/a SI Sy  Read Replies (1) | Respond to of 28311
 
Thanks Roger. It was one of those articles that prompted my iteration of the status of INSP's relationship with Digeo, today. We know that the INSP threads are read. I just wanted to stir the pot a tad in the as yet unrequited hope that we could disgorge an intelligent response. CHTR seems to be doing well, judging by its price, which exceeds that of the IPO, albeit slightly.

Sy



To: Roger Sherman who wrote (25733)3/29/2001 7:42:28 PM
From: Roger Sherman  Read Replies (1) | Respond to of 28311
 
The "boilerplate" of an INSP "Press Release"...

For the first time I actually read an entire InfoSpace Press release, including all the misc. stuff at the bottom, which for me seems to perhaps explain a few things. The way I read it, they can make a big splashy press release announcing some incredible partnership or "deal," but they feel they are UNDER NO OBLIGATION to inform the public, Wall Street, or the shareholders if one of their "announced" deals doesn't pan out. (ie. Winfire, Vodaphone?, AT&T Wireless?, or the Digeo Partnership???). It sure doesn't come under the term "full-disclosure" to me. When shareholders or potential investors don't know the truth, whole truth, and nothing but the truth...just how can they be expected to make "informed" decisions regarding a company? In other words, they can "announce" to the world a "forward-looking" news statement, but it's somehow a "company secret" if the announced "deal" falls through, or is materially changed for some reason. IMO, there ought to be a law...

Excerpt from bottom of the
"Infospace and MSNBC Enter Agreement..."
INSP press release of 3/6/2001 (bold added):

This release contains forward-looking statements relating to the development of the company's products and services and future operating results, including statements regarding the Company's content licensing agreement with MSNBC.com, that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. The words "believe," "expect," "intend," "anticipate," variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Factors that could affect the Company's actual results include growth rates within the Company's respective business areas, the progress and costs of the development of our products and services and the timing of market acceptance of those products and services. A more detailed description of certain factors that could affect actual results include, but are not limited to, those discussed in InfoSpace's Annual Report on Form 10-K, in the section entitled "Factors Affecting InfoSpace's Operating Results, Business Prospects and Market Price of Stock." Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. InfoSpace undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.



To: Roger Sherman who wrote (25733)3/29/2001 10:29:26 PM
From: The O  Respond to of 28311
 
Remember this? Is this the possible link, or am I just praying for some help here?

InfoSpace to Develop and Deliver Broadband Services and Interactive TV Applications on the Liberate TV Platform
LAS VEGAS, Jan 23, 2001 /PRNewswire via COMTEX/ -- InfoSpace, Inc. (Nasdaq: INSP chart, msgs), a leading global provider of cross-platform merchant and consumer infrastructure services on wireless, broadband, and narrowband platforms, today announced the development of InfoSpace's broadband services and interactive TV (iTV) applications on the Liberate TV Platform(TM).
(Photo:http://www.newscom.com/cgi-bin/prnh/20000420/INFOLOGO )

InfoSpace will provide its private-label broadband services and iTV applications including channels such as money, games, search, reference and more on the Liberate TV Platform. In addition, InfoSpace is a member of the Liberate PopTV(TM) Program, an initiative designed to enable and promote end-to-end iTV solutions for network operators and customers based on Liberate's open standards platform.

"Liberate Technologies is clearly a leading global player in the rapidly developing interactive TV marketplace, and InfoSpace is thrilled to be working with their platform to extend the distribution of InfoSpace's broadband technology platform of services and applications," said Michael Riccio, InfoSpace executive vice president, broadband.

"Liberate is excited have InfoSpace in the PopTV Program," said Erik Smith, director of developer relations, Liberate Technologies. "From interactive gaming to financial information -- InfoSpace is raising the bar for the enhanced TV experience."

Editor's note: Throughout NATPE (National Association of Television Program Executives) 2001 Conference and Exhibition, InfoSpace will demonstrate broadband services and iTV applications at Liberate's booth (#2047) at the Las Vegas Convention Center.

About InfoSpace, Inc.

InfoSpace is a leading global provider of cross-platform merchant and consumer infrastructure services on wireless, broadband, and narrowband platforms. The company provides commerce, information, and communication infrastructure services to wireless devices, merchants, and Web sites. InfoSpace's partners encompass a global network of wireless, PC, and non-PC devices, including cellular phones, pagers, screen telephones, television set-top boxes, online kiosks and personal digital assistants. InfoSpace has relationships with AT&T Wireless, Cingular Wireless, Intel, Virgin Mobile, Verizon Wireless, Hasbro, National Discount Brokers, and Bloomberg LLC, among others. InfoSpace's affiliate network also consists of more than 3,200 Web sites that include AOL, Microsoft, Disney's GO Network, NBC's Snap, Lycos, and ABC LocalNet. InfoSpace is also positioned to tap the market for broadband wired (DSL and cable) and broadband wireless (2.5G and 3G) services, such as interactive gaming, television and other entertainment services. In addition, the company recently added back-end payment processing to InfoSpace's existing commerce services, allowing InfoSpace to offer everything a merchant needs to conduct the entire lifecycle of a transaction, one of the key drivers of mobile commerce adoption.

This release contains forward-looking statements relating to the development of the company's products and services and future operating results that are subjee date of this release or to reflect the occurrence of unanticipated events.

CONTACT: Steve Stratz of InfoSpace, Inc., 206-357-4104, or steve.stratz@infospace.com.

Source: InfoSpace, Inc.

Contact:

Steve Stratz of InfoSpace, Inc., 206-357-4104, or
steve.stratz@infospace.com
/Photo: newscom.com
AP Archive: photoarchive.ap.org
PRN Photo Desk, 888-776-6555 or 201-369-3467
URL: infospace.com



To: Roger Sherman who wrote (25733)3/30/2001 1:11:54 AM
From: KLP  Respond to of 28311
 
Knew you would want to review this again, re Allen's next firm: Digeo...and the GNET relationship May 12, 2000

Exclusive Reports
From the May 12, 2000 print edition

seattle.bcentral.com

Allen's next firm: Digeo
Pushing for interactive TV
M. Sharon Baker Staff Writer
Paul Allen is building a new company aimed at weaving together several pieces of his Wired World.

Kirkland-based Digeo Broadband Inc. is hiring at least 30 people as it ramps up a plan to create next-generation content for interactive television and computers. In addition to its in-house staff, Digeo is collaborating with other Allen portfolio companies, including Seattle-based Go2Net Inc. and Charter Communications Inc., the nation's fourth-largest cable company.

Officials aren't saying much about Digeo's plans, and declined to be interviewed for this article. But mentions in the Securities and Exchange Commission filings made by Allen's various companies offer a sneak peek at what Digeo is hatching.

It plans to finish testing the services this year, and the first to view it will be customers of Charter and RCN Corp., a provider of bundled phone, cable and Internet services in which Allen recently invested $1.65 billion.

Heading up the Digeo effort is Jim Billmaier, whom Allen tapped from another of his companies, Click2learn.com Inc. of Bellevue. Billmaier, previously chief executive of Click2learn, is credited with turning around the online learning company after he was brought in from Sun Microsystems.

Allen first began pursuing the promise of interactive television back in 1992 with the creation of Starwave Corp.

By marrying computers with television, Allen and others envision a day when everyone can surf the Internet over a television, and watch movies on demand with VCR-like features such pause, rewind and fast forward. At the same time, consumers could access e-mail, shop from a video catalog, and run some software programs, among other things.

In the early '90s, however, cable, computer and telecommunications companies fought over the direction of the nascent industry, significantly delaying its arrival. Meanwhile, the Internet caught fire.

Although Starwave quickly changed its focus to build on the potential of the Internet, Allen didn't give up on his vision of interactive television.

Now he hopes to deliver on interactive television with Digeo Broadband. The company evidently aims to be an early leader in what Jupiter Communications predicts will be a $10 billion market serving some 30 million households by 2004.

Digeo is jointly owned by Allen's Bellevue investment company, Vulcan Ventures, Charter Communications and Go2Net. Allen owns 30.3 percent of publicly traded Go2Net, thanks to a $419 million investment last year.

Billmaier is in the midst of ramping up his operation, listing 30 job openings on the company's Web site, digeo.com. His team will work closely with Go2Net, which is helping to build an interactive destination site.

Go2Net, run by co-founder Russ Horowitz, has created an Internet destination site, offering such services as a search engine, online gaming, investor areas and an online mall for small businesses, among other features.

Go2Net plans to build on that foundation and create a starting page for Charter's cable subscribers, who will be accessing the site through high-speed connections. Such connections will allow Digeo and Go2Net to create a site with rich, interactive features including sound and video.


Safa Rashtchy, a stock analyst with U.S. Bancorp Piper Jaffray, ran some preliminary figures and estimates that Go2Net could reap as much as $30 million from the Digeo and Charter partnership due to the increased traffic that the company will be able to sell to advertisers.

"They're not investing cash but resources," he added. "It's a tight partnership, and they are getting reimbursed for their share of the expenses."

Go2Net, which holds a 19.9 percent stake in Digeo, is getting reimbursed by Vulcan Ventures for any work the company does over its budget on the Digeo interactive site for the first four years, according to SEC documents.


Vulcan Ventures is also funding Charter's contributions to the partnership for the first four years. In return, Charter has agreed to use Digeo's services for the first six years. Charter also can't engage in any business outside of cable transmission with the exception of the Digeo joint venture, according to SEC documents.

Charter owns 24.9 percent of Digeo, while Vulcan Ventures owns 55.2 percent. The joint venture partnership is for 25 years.

If Digeo can create a site that's up and running by the end of this year, it has the potential to be seen by 7 million Charter customers. That's how many customers will have access to Charter's digital cable infrastructure by the end of the year.

Just how many elect to pay anywhere from $3.95 to $8.95 a month for access to the Internet and other interactive services remains to be seen.