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

To: Boplicity who wrote (584)	11/19/1998 2:43:00 AM
From: sam	Read Replies (1) \| Respond to of 28311

Greg -- what is your target for covering your short position in GNET?

To: Boplicity who wrote (584)	11/20/1998 8:57:00 AM
From: truth	Respond to of 28311

To GM, I don't know why you are asking me about GNET's business plan, I don't work for the company. However, GNET has Playsite relationships with ELNK, LCOS, and MSPG. The company is one of a handful of profitable internet companies. GNET's business plan is unique as they do not have alot of overhead and therefore their margins are incredibly high. Fidelity came on as a Market Maker yesterday and they appear to have been a big buyer of stock. Long term I believe the stock will be in excess of 100 dollars. This would give it a market cap of only 570 million which is tiny in the internet world. Get your hands on Needham's report it is very well written.