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

To: Cheeky Kid who wrote (455)	11/6/1998 6:35:00 PM
From: Jeff Dryer	Read Replies (4) \| Respond to of 28311

Cheeky Kid, I'd like to begin by pointing out an error made recently by a Bloomberg reporter in comparing Yahoo! to Wal-Mart and follow with a comment I have about the Stockwatch article. ------------ Did you see the Bloomberg article where the reporter says Yahoo! has almost the same market cap as Wal-Mart? Here is an excerpt: "Yahoo's soaring shares, which have more than tripled this year, bring the Santa Clara, California-based company's market capitalization to more than $13 billion, past the Dow Jones Industrial Average component Goodyear Tire & Rubber, and into the same neighborhood as investment bank J.P. Morgan, with $16.7 billion, and discount retailer Wal-Mart Stores, with $15.4 billion." news.com Wal-Mart's market cap is more like $154 billion. The $15.4 billion market cap number was more than a misprint, due to the fact that the Yahoo! comparison was made. Here is a statement from the Stockwatch article that I believe is equally misleading. "Further, a competent computer programmer can custom build the heart of such a financial-information website - its discussion forum - in a week or two. Give it a design, add some news feeds and quotes, and the Internet's latest financial attraction is ready to roll out on the information superhighway." Does this ring true with anyone? It has taken more than 3 years to build the technology behind Silicon Investor. Building a scaleable financial Web site that handles millions of page views per day that people enjoy using is not as simple as the writer of the Stockwatch article would like people to believe. Jeff Dryer Co-founder Silicon Investor