Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Dany Tremblay who wrote (2800)	4/7/1999 12:34:00 PM
From: RTev	Read Replies (3) \| Respond to of 28311

in today's reality of billion dollar buy-outs, what advantage does 300 million give GNET? The billion-dollar buyouts are stock deals. GNET now has the overvalued stock price to play with the best of 'em in that game. The cash (along with its positive cash flow) gives it the liquidity it needs to buy all the servers and T1 lines it needs to keep up with demand, buy advertising, pay salaries, and -- if necessary -- pay a fair cash price for an attractive candidate that isn't interested in stock deals.