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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: Mannie who wrote (3562)	7/31/2002 10:57:43 AM
From: Jim Willie CB	Read Replies (3) \| Respond to of 89467

gold stocks initially benefitted from slower GDP marketwatch.com but it has faded / jim

To: Mannie who wrote (3562)	7/31/2002 11:51:21 AM
From: stockman_scott	Respond to of 89467

Message 17817938

To: Mannie who wrote (3562)	7/31/2002 12:18:30 PM
From: stockman_scott	Read Replies (1) \| Respond to of 89467

InfoSpace Founder Naveen Jain To Quit Chairman, CEO Posts... [Scott, as I recall this is the same man who said someday InfoSpace would be the first firm with a market cap to exceed a trillion dollars <G>...Well, he lost most of his talent, his firm is not setting any records, and his reputation may be tough to salvage...BUT, I do remember that Mr. Jain did sell hundreds of millions of dollars of InfoSpace stock in the boom period when everyone was drinking the koolaid...Now, it looks like he wants to cut and run -- maybe he'll fly his jet overseas and not want to come back OR maybe he doesn't want to sign off on any financial statements for a company like his...maybe I'm just speculating...] Here's The Wall Street Journal update... InfoSpace Founder Naveen Jain To Quit Chairman, CEO Posts July 31, 2002 10:55 a.m. EDT A WALL STREET JOURNAL ONLINE NEWS ROUNDUP BELLEVUE, Wash. -- Naveen Jain is stepping down as chief executive and chairman of onetime Internet highflier InfoSpace Inc. A company representative wasn't immediately available to comment on when or why Mr. Jain was leaving. InfoSpace said it formed a search committee to assess potential candidates, both internally and externally. The committee consists of Mr. Jain and directors Lewis Taffer and Richard Hearney. InfoSpace said it hired Korn/Ferry International to aid in its search. Mr. Jain founded the Internet information provider in 1996 after moving up the ranks at Microsoft Corp. The company went public in 1998 and grew rapidly through a series of acquisitions. InfoSpace now trades under $1, after peaking at over $100 in early 2000. Analyst coverage of the stock's roller-coaster ride later figured into the New York attorney general's investigation of Merrill Lynch.