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

To: Lizzie Tudor who wrote (4608)	4/23/1999 11:23:00 AM
From: WallStreetTips	Read Replies (1) \| Respond to of 28311

GNET >>> Today's volume is very low, not a good sign for rally in Coming days ahead. I am very disappointed with Needham's action. They did not upgrade the stock which indicates that they don't see stock going up too much from here. I own GNET but my gust feeling is we may see $155 prior to we seeing $185. I have a stop loss at $165 as I am skeptical and have a feeling that GNET will decline in coming days. Just my views.

To: Lizzie Tudor who wrote (4608)	4/24/1999 3:01:00 PM
From: Martin Muldoon	Read Replies (2) \| Respond to of 28311

Michelle, Thanks for the link to various articles on portals. Very informative. I agree with your view on GNET's acquisition of Haggle.com. I guess I don't get the Auction thing either. As one of the Articles you provided suggested, bulletin boards and offering email service have proven highly successful in building member loyalty. You've mentioned in a few posts that you're expecting a correction next month. Could you elaborate? Thanks. Martin

To: Lizzie Tudor who wrote (4608)	4/25/1999 5:19:00 AM
From: B. A. Marlow	Read Replies (2) \| Respond to of 28311

Don't worry about GNET's "survivability," Michelle. Find the "Inflection Point:" Anyone can Christen a Web site a "portal" and certainly, anyone can write about a portal's vulnerability. At the end of the day, though, it's apparent that Russ H. and friends are building us a very different animal. Remember, what GNET is today came about quite methodically; it didn't merely hatch in an investment banker's vest pocket. It bears repeating that Go2Net wasn't a portal at all until last November; it was a family of leading, unique Web businesses under common ownership. GNET's "portalization" was, in effect, de facto. Simply put, the Go2Net portal occurred because well, it just WAS a portal. How many other Net properties can say that? What's more, the businesses that became the nucleus of Go2Net were cobbled together the hard way, on a strictly limited budget. They had to pay off in the short term because GNET's IPO hadn't raised 5 years' worth of "burn rate." And anyway, Russ can't even count that many losing quarters! Ironically, while today's GNET has an enormous amount of cash available, its stock is more valuable ($2.1-2.2B market cap) than ever and thus, provides a handsome currency to use for adding new and compelling user services (read, "orders of magnitude more traffic and e-commerce activity") and, in turn, enhanced shareholder value. It's not even clear how GNET might spend the Vulcan investment, except to say that GNET can now afford to be in the "incubation" business and compete with any venture capitalist in America for the best start-up ideas. For example, watch for GNET's multimedia streaming/broadcasting/narrowcasting initiative. Takes no imagination to know that Go2Net will soon morph into Go2Net TV. GNET's quarterly conference call with analysts was splendid; no, it was a lovefest. Looking out a year, GNET's current market cap will seem like pocket change. In its short history, GNET's management has demonstrated manifest skill and discipline. Particularly, it has shown a relentless dedication to bringing value to GNET users; to sponsors, advertisers and strategic partners; to employees; and of course, to shareholders. Its future internal business development programs and acquisitions will only accelerate your returns. Critical mass? Whatever that is, GNET had it last November, if not before. What we're talking about now is...Critical Wealth. BAM P.S. For those who missed it, we can document GNET's religious "rite of passage" as the "Critical Mass" interview with Russell Horowitz, conducted November 23, 1998 by "The Motley Fool." As Andy Grove would say, "herewith, the 'Inflection Point':" fool.com