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


To: Josef Svejk who wrote (5251)5/7/1999 12:22:00 PM
From: Susan G  Read Replies (1) | Respond to of 28311
 
Josef, I want to thank you for all your great posts. When I need to find the latest facts or news, I know it will always be posted here.
Great links, too. Susan



To: Josef Svejk who wrote (5251)5/7/1999 12:47:00 PM
From: Obewon  Read Replies (1) | Respond to of 28311
 
Getting back to the original question...

All I was doing was trying to point out why some (not particularly me since I finally decided to buy in a small position at $177... ugh!) could see a downside to the deal.

I believe someone else recently mentioned that the $300M in cash is not as big as it appears while Internet stocks remain at their lofty levels. It is when the bubble bursts that the cash will be important. I certainly don't want GNET to consider any acquisitions which would use up this cash when its stock is a much better currency.

I happen to think that GNETs strategy of buying very low maintenance content is a terrific plan.

Obewon