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


To: Dany Tremblay who wrote (2419)3/25/1999 6:26:00 AM
From: Nomas1000  Read Replies (1) | Respond to of 28311
 
GET YOUR STORY RIGHT!!! GNET was undiscovered 3 months ago and is up 800%. The real blast may be over, but GNET is part of a HUGE plan, and another Paul Allen Company at 15, has even more upside than GNET. In fact I'd bet my left nut that Telescan (TSCN....corp home telescan.com, website wallstreetcity.com) will be merged into or allied w/ GNET to improve SI's website...check this out....

Lots of great posts on this site, but let the record be set here..
The shorts have spent alot of time spreading false rumors about TSCN. Like many of you, I have done alot of work on TSCN, also spoken with TSCN officers, and most importantly have bought their stock screening services for 3yrs.

TSCN at 12$ is one of the most exciting internet stox in the world, just as GNET was 3months ago......WHY?

1) Paul Allen (MSFT) is 2nd largest shareholder. Allen is on a mission, I believe to leave HIS mark on the world (vs MSFT=GATES) by envisioning what he calls a "wired world", ie the integration of TV and internet. He owns the tools to make it happen, and he's working fast. He owns billions in cable co's, internet info providers,software etc. go to paulallen.com to see) TSCN stands to be in the MIDDLE of this hub, and make hundreds of millions....ALlen just bought a GREAT portal -- better than Yahoo i think..GNET. do a search on yahoo then try go2net.com
2)GE owns NBC and CNBC (the best fincial TV station). GE just put 10million bucks cash into TSCN thru a Private placement. The BEST TECH investment bankers in the world (MONTGOMERY Securities) did teh deal, so GE is now 3rd lgst holder behind Allen. GE has contracted TSCN to HOST their financial sites (eg CNBC.com) AND to feed all financial info to CNBC TV (You'll notice that two weeks ago CNBC started a LIVE ticker vs. 15 min delay--that was TSCN)

3) TSCN itself host ots own finc'l website at wallstreetcity.com. Last month it was ranked by "WIRED MAG" as having moved from 12th to 6th MOST POPULAR WEBSITE on the net...This is HUGE news but proves that people like what TSCN offers. And they are willing to pay 34.95 a month for it. Subscriber #'s are exploding!

4) TSCN will not only host CNBC's site, but also CITIBANK's, Standard and Poor's, AMerican Express, and about ten others. NO REVENUES from these contracts have started to flow yet.(Go to telescan.com to see more about co. and financial alliances)

5) TSCN will be able to offer the BEST online trading services you've ever seen, 5 bucks atrade, direct trades to mkt maker, etc.

6)most important for buyers today, there are 700,000 shares SHORT rite now, of a public float of maybe 3mm. Any good news, and itsa comin! and we cld see a HUGE short squeeze.

7)Two things negative that TSCN will overcome are that it is a Microcap, and needs to get over 23 to hit 250mm in mkt cap, then 46 to hit 500mm. Fund managers and "big money" can't touch these little stox.. But look at go to net..at 15 in December hit 250mm, then 30 in early JAn hit 500mm, it exploded from there, now 120. Under 500mm stocks don't even show up on reasearch radar machines...

8) Other negative is that when You look at revenues they look flat. Who would ever buy an internet Co that has flat rev's for 4 years? You figure something isn't right, Co's product stinks, etc. FACT is, TSCN was 100% software, and have slowly turned to internet for biz. Revs are now 100% internet and they've dicontinued software (I still buy, but instead of cd roms I get my stuff online --works even better, but you do need a fast chip..which most people have w/new computers). their internet rev's are skyrocketing, and will gro faster once these contracts start to pay..

Check it out, do your homework, and remeber that ANY microcap can be manipulated in short term..as this one has... but with no debt, ten Mill in cash, GE and Allen behind them, this CO is REALLY exciting..

GOOD LUCK to ALL!!!!>>>>>N.T.



To: Dany Tremblay who wrote (2419)3/25/1999 9:34:00 AM
From: HA Sullivan  Read Replies (1) | Respond to of 28311
 
Great point Dany!



To: Dany Tremblay who wrote (2419)3/25/1999 10:38:00 AM
From: Offshore  Read Replies (1) | Respond to of 28311
 
re: doesn't it make sense to invest in the company with can make the most with the least?

Sure...if you can afford to lose it all when the kid down the block wipes you out because of some article in Business Week.