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


To: KLP who wrote (26360)7/22/2001 8:52:32 PM
From: Roger Sherman  Read Replies (1) | Respond to of 28311
 
"...nest egg now $404."

Heck, I only wish what is left of my "nest egg" was anywhere near that big. If it was that large, I could most likely now "retire" for as much as an entire day...perhaps even including a modest little retirement party of pretzels and beer to boot. But then again, that poor guy also still owes a $40K tax bill, due next April.

You did see mentioned in the article the recent Merrill Lynch settlement regarding INSP?

And of course you well know that the same Morgan Stanley the ex-MSFT guy used as his "broker," is the company which was the financial advisor to INSP in their little "merger" deal with GNET.

Another funny thing is that the same New York law firm of Jacob Zamansky (who just won the recent ML settlement) is involved, representing the MSFT workers.

And just who was the Morgan Stanley "high-tech" stock ANALyst in 2000 again? And what was his/her price target (and buy recommendation) for INSP, prior to the merger? And how much were they paid for their "services" regarding the major roll they played for INSP in the merger? And did they do any independent valuation or appraisal of the assets or liabilities of INSP, prior to issuing their "opinion" to the INSP BOD, regarding the "merging" with GNET? And how much of their "opinion" was based solely upon information provided to them by InfoSpace, without any other independent verification of its accuracy?

Inquiring minds want to know.

Roger

PS. Hint: See last two pages ("Annex B & C") of the "Joint Proxy Statement" mailed to INSP and GNET shareholders, prior to merger vote of 10/12/2000.