Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: (Bob) Zumbrunnen who wrote (26481)	8/15/2001 3:09:22 PM
From: KeepItSimple	Read Replies (3) \| Respond to of 28311

In the entire history of the internet bubble, there has NEVER BEEN ONE SINGLE CASE of an insider being called to task for dumping shares. None. The press refuses to ever report on it, and a blind eye is STILL turned by every analyst and amateur investor. It seems the anger at having been suckered has fallen on the shoulders of the Mary Meekers and Henry Blodgett's of the world- but I think that's a load of crap. Executives at every dot.bomb were raking in tens and hundreds of millions of dollars by dumping shares- far more than the big name analysts ever made. In fact, Infospace execs continue to dump every share they have! As long as the stock is publicly traded, there will be an Infospace exec standing with a few hundred thousand shares at the ask price, waiting to dump them into your hands. Which is probably why it appears Infospace is about 2 days away from breaking the magic 1 dollar barrier, and then shortly thereafter will be delisted. I just cant understand why ANYONE is buying INSP stock right now. What is the logic? Is it just a matter of a country with 280 million people will always have enough clueless suckers to sell ANYTHING to? see that the dearth of 144's shows that the principals of the company, including one who made enough to buy back the entire float right now, still think it's overpriced.