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


To: B. A. Marlow who wrote (5226)5/7/1999 7:34:00 AM
From: Keith Howells  Read Replies (3) | Respond to of 28311
 
I hope Fleckenstein gets in. One of the problems this company has is a lack of exposure to the analysts. Maybe he could work on some ways to get the word out and at least have some of the other brokerages take a look.



To: B. A. Marlow who wrote (5226)5/7/1999 8:53:00 AM
From: Hawkmoon  Read Replies (1) | Respond to of 28311
 
"But there's always the possibility that he could raise his offer. It's up to him."

Screw that!!

Let him buy them on the open market like the rest of us.... <VBG>

The minute he places another tender offer on the stock, he has essentially placed a cap on the upside potential.

The first offer was a hedge at placing a floor under the stock. I can't find ANY rational reason to believe that PA thought the stock price would decline due to his investing $300 mil into this company. Certainly not the rationale that was reported in the news article.

Regards,

Ron