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Microcap & Penny Stocks : INSP Investors Research -- Ignore unavailable to you. Want to Upgrade?

To: howsmydrivingal who wrote (629)	7/23/2002 6:45:21 PM
From: howsmydrivingal	Respond to of 787

I noticed that the earnings release led with the merchant processing numbers. INSP has found a way to keep the business alive while it attempts to crack into the lucrative wireless market. Wireless markets have yet to really take off and INSP is controlling costs enough to give themselves a chance at being around when wireless does take off. Burn rate has lowered, but so has revenues as SGA was reduced about 4.4 million from Q1 to Q2. SGA is to further reduce into next quarter, Cash used in operations was 9.? million, of which, 4.3 went for a buyout of a lease. This action is to save some future $$. As far as the searches INSP provides that are paid for per search, they sold 3 billion searches. I believe this number is down from 4 billion or 4.4 billion. I will try to look that up. Ed Belschiem put a positive spin on INSP stating that with the three independent business operating under INSP, the revenue streams are diversified and broad enough to give INSP security.

To: howsmydrivingal who wrote (629)	7/23/2002 11:38:43 PM
From: Puck	Respond to of 787

Regarding wireless, Bosstl may be thinking about the fact that AT&T began marketing mMode at the very tail-end of the quarter. Also, the first mobile phones with good color screens and digital image capabilities have begun to hit the market here in 3Q--it's obvious that the primary reason the mobile internet has not yet arrived here in the U.S. is the lack of phones which provide a good wireless data product, and that has begun to change and the market change will accelerate from here on in. I'd also observe that wireless revenues actually rose by almost $1 mil. (from $6,580 in 1Q to 7,473 in 2Q) on a quarterly sequential basis, which, I think, is actually quite good considering that the 2Q results reflected the loss of wireless revenue from Verizon. Infospace managed to make up that loss and then add $1 mil. on top of it in 2Q.