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


To: Sgt. Stockpile who wrote (1993)3/15/1999 7:37:00 PM
From: playavermont  Respond to of 28311
 
BIG LEAUGUES!!! Did you hear the Russell mention in the CNBC interview about AOL and YAHOO setting the standard for top tier market caps.... He talked about GNET aligning itself with ALLEN's cable systems, broadband ( in every home in a year or two ), technological alignment and HUNDREDS of MILLIONS of CASH to GROW GO2NET into one of the top tier portals in the future convergence of television and computer!!! Which is hear TODAY!!

I KNOW THE INTERVIEW WAS GOING TO BE ALL YIPPIES ETC. ETC...... BUT HOW CAN YOU DOUBT IT!!!!

REMEMBER GNET HAS 12 MILLION SHARES OUTSTANDING with about 6 MILLION in the FLOAT!!! THEY ARE A 1.4 BILLION DOLLAR COMPANY TRYING TO GET TO 35 BILLION ( YAHOO ) and 100 BILLION (AOL )!!!

LOOK AT THEIR BALANCE SHEET of last quarter!!! They were a 10 million dollar CO. NOW COMPARE THAT TO YAHOO AND AOL!!!!

GUESS WHAT TEIR BALANCE SHEET WILL LOOK LIKE THIS TIME WITH MR. ALLENS HUNDREDS OF MILLIONS!!!!

Simply put .... BIG LEAGUES... Don't fight it.... enjoy it!!!!!
JMHO!!!!!!!!



To: Sgt. Stockpile who wrote (1993)3/15/1999 8:09:00 PM
From: RTev  Respond to of 28311
 
PA was getting to buy Preferred Shares

He is. But the tender offer concerns common stock. So any of that stock bought from non-insiders (say, from non-insider institutional ownership that's looking to make a profit by selling a big block without affecting the stock price) becomes part of the insider rules and is removed from the float.