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To: Jorj X Mckie who wrote (11825)	7/31/2002 11:51:06 AM
From: Original Mad Dog	Read Replies (3) \| Respond to of 17639

InfoSpace Founder Naveen Jain To Quit Chairman, CEO Posts 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. Updated July 31, 2002 10:55 a.m. EDT