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

To: Bobo who wrote (32)	4/22/1998 1:26:00 AM
From: White Shoes	Read Replies (1) \| Respond to of 28311

I agree the valuation is crazy. But unlike KTEL their sites are functional and GNET could be an expanding force, especially in web commerce. There are probably businesses we haven't even thought of yet that a company like GNET will just fall into. Look at things like web auctions / internet computer liquidations (ONSL and the like)... not here yesterday, big business tomorrow. GNET has big competition but it is in the game early and therefore has a chance to stumble into a niche. A few years ago I thought Yahoo! was the WORST search engine but it turns out that it was the best because (1) an engine can be licensed but the best directory wins for practicality (2) great name (3) good management and they spent like crazy with their IPO money to buy everything they needed to saturate the marketplace, to become the brand for what used to be a lot of loose ends on the net. GNET should go2market immediately for a secondary stock offering at $28 a share, quadruple where they priced the IPO, and plow full steam ahead into their various niches. Why not?