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


To: silversoldier a/k/a SI Sy who wrote (25934)5/10/2001 12:39:57 AM
From: KLP  Respond to of 28311
 
INSP hasn't listed this yet on their site. Note the change in the article you posted from this AM...and, would the sell of shares of TheStreet be from the Form 144 filing on May 3 I mentioned seeing? (But not on INSP board here)
****Here's the difference in the article...(I only show the PA/INSP mention, not the other companies here....)

People
Faces In The News: May 9, 2001
Debra Lau, Forbes.com, 05.09.01, 12:15 PM ET

NEW YORK - Wealthy, powerful people in the news:


Microsoft co-founder Paul Allen


Microsoft (nasdaq: MSFT - news - people) co-founder Paul Allen looks set to dump one of his higher-profile investments. Allen's investment fund, Vulcan Ventures, has filed to sell its 2.4% stake in TheStreet.com (nasdaq: TSCM - news - people), according to a filing with the Securities and Exchange Commission. Allen's loss in his TheStreet.com investment would be $2.4 million if he sold his shares at today's $2 per share price.* He's also seen a number of tech ventures collapse since last year. Recently selling almost half his Microsoft shares for close to $9 billion to pay for his investments, Allen still has shares worth about $10.4 billion.



News items can be submitted to Debra Lau at dlau@forbes.net or by calling her at (212) 366-8847.

*An earlier version of this story incorrectly stated the amount of money Allen stands to lose from his investment in TheStreet.com.