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: Proud_Infidel who wrote (4320)	4/21/1999 6:03:00 PM
From: Trevor Quest	Respond to of 28311

Brian, regarding my analysis on GNET. Since internets are not trading on fundementals, I can not use any traditional method. Obviously GNET is not a Value stock or GARP for that mater. Even with strong earnigs today the PE is through the roof. IMO fair value for GNET is above the current price. When investors start to understand what GO2NET really does and the value of its individual sites it will see cheep compared to the competition. What if Raging Bull went public tomorrow? What would its value be on the open market. $100M? $250M? $500M? Whatever it is, SI is worth 5 times the Bull. And SI is just one small piece of a very diversified internet company. Look at SEEK, Excite and YHOO and GNET is just starting to enter into the range with lots of upside. Now, if the market cap of Yhoo was to drop to $5B then I would say GNET is fairly valued here ona relative basis. Either the top tier internet stocks need to come back to earth or GNET needs to catch up. These are just my opinions from 8 months of following the growth of GNET. Good luck - we will find out tomorrow what the MARKET thinks - the only real opinion that counts. Trevor