SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Internet Guru Discussion -- Ignore unavailable to you. Want to Upgrade?


To: Charlotte Hall who wrote (637)3/16/1999 1:24:00 PM
From: Lotus Lake (Hijacked)  Read Replies (1) | Respond to of 4337
 
BYND again, I think the company brought too many high-profiled Directors, Does it work?



To: Charlotte Hall who wrote (637)3/16/1999 5:36:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 4337
 
Steve--Do you think P. Allen's purchase of a controlling interest in Go2net will limit the upside--since it will no longer be seen as a takeover candidate? At first I thought Allen's purchase was great news: now I'm not so sure

Charlotte,

I was thinking the same thing at first as well. But since PA's tender offer for the 3.6 million shares @$90 expires on March 19th, and the stock is far in excess of that price now, we know he only owns 26%, and not 54%.

He's not under any obligation to purchase more shares it seems and I definitely believe they have some ideas in mind that may make to a news releasable level over the coming weeks.

And GNET has more cash than any other company its size in the internet sector and that makes it a formidable presence.

Yeah, the company may not be up for sale anymore, but I think we'll see some accretive acquisitions or projects aimed at ramping up the number of hits and thus, the advertising revenue.

Regards,

Ron