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

To: Lizzie Tudor who wrote (1703)	3/13/1999 4:47:00 PM
From: Hawkmoon	Read Replies (2) \| Respond to of 28311

PS this will be my last post to you - it is a waste of time For you or for Bill? Personally, I like Bill's overall market analysis. He is quite perceptive with regard to Alan Greenspan and overall Fed policy issues. A bit negative, but generally a straight shooter on why he holds a specific opinion. The Mrs. decided to buy this stock and I'm been busy trying to brush up on the fundamentals and potential. We have small float, relatively small outstanding total of shares, and while folks holding EBAY and AMZN will eventually be facing tremendous insider selling pressures from all of those restricted shares they have, GNET seems to have handled their stock issuing fairly conservatively. SI is a great community (I've been here since when it was free membership back in 1996). It certainly has value as a ready made audience for value added products, advertising, and as a "cyberhome" for some very savvy (and some very naieve) investors. All of those people are potential GNET shareholders. Your best shareholders are your community, and that is what SI provides to GNET most of all (IMO). I know the wife will feel somewhat more relieved once I tell her Bill's holding the stock as well. She's a fan of his too. Responses? Regards, Ron

To: Lizzie Tudor who wrote (1703)	3/13/1999 4:58:00 PM
From: Technologyguy	Read Replies (2) \| Respond to of 28311

Then you made a very uninformed investment. The most important property that GNET owns is Metacrawler--it drives the largest portion of its advertising revenue. GNET acquired SI from the Dryers, who now work for GNET, for about $30 million in stock (at the value of the stock at that time). (Correct me if that figure is not exactly right.) I think the next most valuable property for GNET is Hypermart, which offers GNET tremendous e-commerce potential. Then comes SI and the specialized sites: Stocksite, Playsite, 100Hot. One advantage that SI does offer GNET, though, is great exposure in the investor/trader community, which I'm sure drives interest in the stock. (If not informed judgment.) Just my analysis, based on watching the company closely for 18 months or so. (And being long since $7, pre-split.)