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

To: KLP who wrote (27736)	1/29/2003 4:43:24 PM
From: Charles W. Breaux, Jr.	Respond to of 28311

The latest earnings results: InfoSpace Reports Fourth Quarter and Year End Financial Results, Wednesday, January 29, 2003 04:17 PM ET quicken.com At least the guidance for 1Q 2003 is up. Chuck, #85

To: KLP who wrote (27736)	2/9/2003 1:00:03 PM
From: levy	Read Replies (1) \| Respond to of 28311

lets see as I recall I owned this stock called go2net and it got bought out by infospace and I knew jack about infospace but merrill had all these good things to say about the merger so I hung in there on their advise so I lost my shirt and its merrills fault so now I want my money back .... that sounds as logical as this winning case...from todays new york times...merrill is screwed An Iceberg of Irate Investors By GRETCHEN MORGENSON RANCIS EDWARD WOLFE, a close-cropped, soft-spoken family man who hoped to travel the country with his wife in a motor home when he retired, hardly seems intimidating. But this 58-year-old former truck driver from Fredericksburg, Ohio, and other investors like him, have become one big nightmare for Wall Street. Mr. Wolfe sued Merrill Lynch last year over $172,000 in stock market losses in his 401(k) plan, and last month, arbitrators awarded him $310,000, including legal expenses. What happened to Mr. Wolfe may be particularly egregious — it involves an investment in an Internet fund that his broker bought at the top of the market that also enriched the daughter of a supervisor. But across the country, there are hundreds of thousands, perhaps even millions, of people like Mr. Wolfe. They, too, pinned their hopes on the stock market in the 1990's boom and then lost out as the brutal bear market ravaged their investments. Many are making claims against their brokers. And there are growing signs that arbitrators judging these cases are showing more sympathy to investors than the firms had expected. Advertisement The trend, if it holds, is yet another sign that the worst is not over for Wall Street, which breathed a big sigh of relief in December when its top firms agreed to pay almost $1 billion to settle accusations that much of their research has been tainted. Other bills from the 1990's market mania, like these covering customer complaints, continue to come in for payment. "The Wolfe decision sends a message that big Wall Street firms, and their brokers, will be held accountable for destroying the retirement savings of unsuspecting customers by recommending risky high-tech stocks and funds," thundered Jacob Zamansky, a lawyer at Zamansky & Associates in New York who represents Mr. Wolfe.