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

To: levy who wrote (5490)	5/13/1999 12:06:00 PM
From: jon zachary	Read Replies (1) \| Respond to of 28311

i agree 100 % with you. i dont know much about paul allen. but, i would think (just an assumption) that if he invests in a company he wants majority ownership just as initially announced. if anyone has read recent articles, you can see that the price v.v. was paying was 90$ per share because gnet management thought the street would dictate only a small premium being paid over what the stock was trading at. so, they thought the stock price would go down, and v.v. would get his shares from us at $ 90. i havent said anything about this matter, but our go2net management was dead wrong !

To: levy who wrote (5490)	5/13/1999 12:43:00 PM
From: Technologyguy	Respond to of 28311

He cares about control of the board, not whether he has 50%+ of shares. He's probably done buying for now.

To: levy who wrote (5490)	5/13/1999 1:57:00 PM
From: RTev	Read Replies (2) \| Respond to of 28311

Paul Allen crew...they want to get more ownership and it will have to be on the open market so they probably hope the price drops some short term to buy in Allen and his investment company are insiders. They would have to file a notice before they could buy shares on the open market. They haven't done that. As others have said, there's no need for him to buy anything else since he has what he needs to control the board and guide his considerable investment in the company.