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


To: Susan G who wrote (2232)3/21/1999 3:04:00 PM
From: WallStreetTips  Read Replies (2) | Respond to of 28311
 
GNET >>> Investment as good as investment in Microsoft?

So far in very short time since company's inception the stock price has done very well providing lucrative returns to its shareholders. Now with Microsoft co-founder Paul Allen pouring his millions of dollars will allow GNET to agrressively sign new acquisition deals, joint ventures, bigger marketing which would ultimately increase revenues, profitability, visibility and attention from Wall Street Investment Bankers and investors.

Articles have started mentioning that Go2Net may provide Paul Allen the second best investment after Microsoft. One thing I notice is Paul Allen must have some vision for this company. Why would he be willing to pour in upto $750 Millions? He must have calculated to see his investment double or triple in coming months and years.
I think now it may not be an overstatement saying that investment in GNET may prove to be like money invested in Microsoft.
I have made decision to buy tomorrow, lets see what the annual general meeting brings to us. I wish I was around Seattle so that I can go attend the meeting. I already filed my votes in favor of directors recommendations for all issues.

Just my views.