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

To: Obewon who wrote (5246)	5/7/1999 11:25:00 AM
From: Josef Svejk	Read Replies (2) \| Respond to of 28311

Humbly report, Obewon, I humbly believe the insiders that parted with their (originaly priced at pennies?) shares at $90 simply 'cause when Paul Allen wants to play on the team, one naturally just may consider letting him do so, making him a 34.2% insider (#reply-8975551) in the process. I humbly absoloutely agree that "insider selling is usually bad sign." However, this is not your garden variety insider sellout, in my humble book. It's an insider buy :-) Cheers, Svejk proofsheet.com

To: Obewon who wrote (5246)	5/7/1999 11:30:00 AM
From: jon zachary	Respond to of 28311

how many of these internet companies can say that they have 300 million in cash to play with ? aol, yhoo, and the rest of them buy out smaller companies with stock and there market cap is everything. well, with that dropping 30 to 40 % on all of the i-nets where is there market cap and buying power going ? down. but gnet is different because they are making money, growing revenues, etc... and have cash. when this downdraft is over, i would expect go2net to rally faster and stronger than any of them. right now is very key though. they have all now corrected as much as they did this past january and last year. if we dont see a rally in the next few days, followed by strong buying and volume then this bubble might really be breaking. i like go2net just as much as everyone else and have held them for a while, but, right now might be the most important period we have ever had for these stocks. its very important what they do in the next couple of days !

To: Obewon who wrote (5246)	5/7/1999 4:02:00 PM
From: Hawkmoon	Respond to of 28311

Oh mighty Obewon <g>, Personally, were I the CEO of a cash-hungry internet company wherein I was offered $300 million in exchange for my selling a portion of my holding at a 50% premium to the price at the time of that offer, do you know what my answer would be??? HELL YES!!!! Horowitz made a sacrifice in the interest of his company. I admire that. On the other hand, this stock would probably not have seen the prices it has recently without that $300 million. Certainly not for at least 12 months or so. Having insiders sell part of their stake was a play for percentage CONTROL of the stock, not a golden parachute for insiders. These folks had 1 million plus shares of stock that PA wanted badly so he wouldn't dilute the stock, nor be forced to purchase it in the open market. In sum... insider sales of stock as part of the Vulcan deal are a non-issue. Always have been and always will be (for me anyway). All that matters now is developing this company into a 1st tier internet portal that attracts customer eyeballs. Regards, Ron