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


To: saran who wrote (26248)7/12/2001 2:50:38 AM
From: KLP  Read Replies (1) | Respond to of 28311
 
Easy enough to tell...check insider sales, either here or Thompson, or Nasdaq.....check for past 3 years....(or more)....one can readily see who sold, and WHEN, and for how much.

What I've wondered about is:

April 2000....news article re: Jain and Sarin going to Russell to talk about possible merger.

April 2000-July 2000---who sold stock, and how much was sold? Wasn't Russell.

July 26, 2000---Merger announced

July-Sept 2000 ---who sold stock, and how much was sold? Wasn't Russell.

October 12, 2000---merger finalized.

Were ALL the agreements made before and during the merger kept?

Was The Standard article right?

What exactly did ML and MS say in their reports to each company?

Was there any sort of problem with either set of Company books?

Why did the new CFO stay long enough to look at the books and then leave?????

GNET had $400 million in cash at the time of the merger. What EXACTLY has happened to that cash since October 12, 2000....(9 months later exactly)......How much is left, and what has the money been spent on? Exactly.

The BOD of a company has a fiduciary responsibility to the shareholders of that company. How has this BOD done it's job. ?????????



To: saran who wrote (26248)7/12/2001 10:48:14 PM
From: KLP  Read Replies (1) | Respond to of 28311
 
I did search this out for you.....

siliconinvestor.com
Russell Horowitz
I don't see ANY sales during the merger period.....did acquire shares via options 29 March 2000

siliconinvestor.com
Porpoise Corp

nasdaq.com`

nasdaq.com`

Had to go to Nasdaq to get info for Jain....conviently SI doesn't have all trades made.... Note in particular "Sells" between 5/1/2000 and 6/13/000.....This by the way, was during the merger period.....

Also notice who else was selling during the merger period......don't think it was the GNET folks