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

To: EenieMeenie who wrote (2156)	3/17/1999 4:47:00 PM
From: Al's Fun	Respond to of 28311

Just for the record......All of the insiders had to agree to sell 1/3 of their stock for 90.00 to make the deal go thru...... some aren't so happy now...but they will stick to the deal... so Paul will own about 40% of the company... not too bad...

To: EenieMeenie who wrote (2156)	3/17/1999 4:59:00 PM
From: MARKZAW	Respond to of 28311

IT'S THE POTENTIAL BUSINESS MODEL... I guess I am looking at this more from the perspective of the potential business model - integrated content and delivery - rather than a view that PA is some kind of savior or hero or genius. For the same reason I kinda liked the Lycos/USA deal, although, once again, valuation issues were significant. Yes I am also long Lycos. Since I wasn't in a position to invest a lot into Yahoo or AOL at their "beginnings" I want to take a shot here. Although I have done pretty well with them recently (past year or so) :). Every industry has its growth "phases", and I just don't believe in the often-warned theory that the Internet "bubble" will burst any time soon. Do a little research on Network Solutions and the number of URLs they are registering (as well as the profits for shareholders they are registering). I am not hyping I am just sharing MHO. If not GNET or LCOS, somebody will take this to the next stage. Maybe AOL. Maybe at some point a real big media company e.g. a Time Warner or GE or similar. Just gotta stay tuned in. When I see how my 16 year old son and his friends use the internet as a matter-of-fact way of life, for homework research as well as for fun, I gotta believe... Market closed...BUD time :) Cheers. Mark Z

To: EenieMeenie who wrote (2156)	3/17/1999 5:05:00 PM
From: RTev	Read Replies (2) \| Respond to of 28311

It may be that Paul Allen is a normal Joe that extremely lucky in meeting the likes of Bill Gates. That's part of it, but I suspect Bill Gates was just as lucky to have met Paul Allen. Allen, the son of a librarian and a school teacher, seems to have been the nerdier of the pair, and that turned out to be great for Gates, the son of a prominent lawyer and a more prominent volunteer board maven. The story about MS-DOS is instructive: It was Allen who suggested they buy the product from Seattle Computer Products, its author, and offer it to IBM. Allen had heard about it from an SCPer at a user-group meeting. Even before that, Allen was a vital member of the partnership. Most of the code for early BASIC that Gates now thinks he wrote in those early days was probably written by Allen, (although Gates clearly wrote some of it). It's doubtful that Allen would have been able to do any of that without Gates, but also doubtful that Gates would be anywhere near where he is now without Allen. Allen, unlike Gates, seems to be rather playful with his vast wealth and doesn't seem to mind spending it or even losing it. Maybe that's a bad sign, but it really matters only when one considers Vulcan Ventures, a private company, and not when one considers Go2Net's future. GNET has Allen's millions in hand. Its theirs now, whatever Allen might decide to do in the future. They have great management, who Allen has said will stay. And Allen seems to be comfortable with hands-off approach. I find it difficult to find any negatives in any of this (except that I didn't buy this stock weeks ago when it I first put it on my "interest" list).