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

To: MARKZAW who wrote (2132)	3/17/1999 12:39:00 PM
From: Scrapps	Read Replies (1) \| Respond to of 28311

Paul Allen May Sell Some Stock NEW YORK (AP) -- Microsoft (Nasdaq:MSFT - news) co-founder Paul Allen may sell $2 billion to $3 billion worth of stock in his cable company, Charter Communications Inc., through an initial public offering. Charter, the nation's seventh-largest cable company, could launch the IPO in the second half of the year if market conditions are good, spokeswoman Anita Lamont said today. The sale would be the largest ever in the cable industry and could rank among the richest of any kind. The proceeds would be used to fund more acquisitions by Charter, which has been expanding rapidly as part of Allen's plan to assemble a ''wired world'' portfolio of entertainment and technology businesses. Allen, who also owns football's Seattle Seahawks and basketball's Portland Trail Blazers, has been amassing cable holdings with the hopes that demand will increase for high-speed Internet access and phone services over cable lines, which have much greater capacity than phone lines. St. Louis-based Charter has five pending acquisitions that are due to close by late summer, giving the company 3.4 million subscribers, mainly in the Northeast, South and West. Charter's first cable purchase was a $2.8 takeover last year of Marcus Cable Co., then the nation's largest privately held cable operator. The IPO plans, first reported in today's edition of USA Today, come with investors bidding up cable TV stocks on hopes that cable lines will be used for more than just television services in the future. biz.yahoo.com

To: MARKZAW who wrote (2132)	3/17/1999 1:36:00 PM
From: Dany Tremblay	Respond to of 28311

Hello to all who follow this subject :-) I signed on to SI recently after having reviewed the quality of the posts. I quickly realized that the people who are willing to subscribe for a service are a different breed of investors (i.e. read maturity/sophistication). I was quickly disenchanted with the threads on Yahoo! because of the poor quality of the content. I'm glad to report the information being discussed here is of good quality, generally thoughtful and meaningful and written in proper English. So, although I will not be a frequent poster, I am an avid reader. I suspect there are more of me. I wish to thank those who post and express my gratitude for their willingness to expose and explore various investor related topics. I realize that a thoughtful message requires time and effort, which I respect. As for GNET, I believe it is still undervalued. Based on its position and on recent developments, a valuation in the range of 3 to 4 billion appears to be more adequate. Of course, this is based on a comparison with other portals, some having less to offer than Go2Net, and on the general current state of the Internet and its future. I am a private investor, but I unfortunately have a day job. I think holding GNET for a couple-three years will allow me the freedom to ditch the day-job. I might even join MARKZAW in Florida and do my portfolio management from there! It sure sounds more appealing than Salt Lake City ;-) Regards, Dany