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

To: Tae Spam Kim who wrote (2145)	3/17/1999 3:10:00 PM
From: Hawkmoon	Read Replies (2) \| Respond to of 28311

Paul Allen WILL NOT sell the stock.. Tae, I know it and you know it and I think any other halfway logical person knows it. I was just thinking out loud in response to a previous post. What I was trying to say is that if Allen were selling he'd have to file. That the only way people will know one way or anther if he is selling. And if he sells, so will the general public. I was just engaging in some irrelevant mental gymnastics. But what is intriguing here is just how PA will obtain his 54% stake or if that is even important to him. He'll have to tender a higher price for the stake if the market is to be minded. Or he just won't tender at all. I think its really a non-issue. Personally, if he choses not to tender, that's fine with me. Some institutions may be turned off on a stock with such a thin float. On the other hand, maybe PA has set his price and will enlist his pals to help him get the stock down to $90 over the next two weeks and shake out all the short-termers. Regards, Ron

To: Tae Spam Kim who wrote (2145)	3/17/1999 3:32:00 PM
From: MangoBoy	Read Replies (1) \| Respond to of 28311

<< Paul Allen WILL NOT sell the stock.. >> Really? Allen was once a very large holder of AOL. He sold out. Allen was once the owner of Starwave. He sold out. Allen was once the owner of TicketMaster. He sold out. Despite all, Paul does not have a 'Midas Touch' by any stretch (name a company that has gone 'gold') and his market timing on individual stocks has been poor (c.f. AOL, ERTS). Allen's empire is fueled by his vast MSFT holdings, a company he has no meaningful influence upon. On paper the GNET deal looks good but don't think Paul Allen's involvement makes it a 'sure thing'.