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

To: Trevor Quest who wrote (1296)	2/16/1999 10:35:00 AM
From: Sir Auric Goldfinger	Read Replies (2) \| Respond to of 28311

Uh oh, Horowitz backs off on revenue recognition:"Go2Net Restates:Will Spread Up-Front Fees Over 99 >GNET 2/16/99 10:3 SEATTLE (Dow Jones)--Go2Net Inc. (GNET) restated its first quarter loss to 12 cents a share from 7 cents a share and restated its revenue to $2.6 million from $3.2 million. In a press release Tuesday, Go2Net said it restated the results to adjust the way it recorded up-front fees collected from various agreements. The company will recognize the payments over the course of 1999, rather than in the first quarter.