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InfoSpace, Inc. Message Board

  • kg2931 kg2931 Jan 30, 2001 12:19 AM Flag

    ZDNET is clearly negative bias - INSP

    ZDNET's news release clearly played up on the downside of today's INSP earnings and news. They're misleading the public with the following out of their news release today: (INSP TRADED ABOVE $8.00 AFTERHOURS TODAY)

    "Shares of InfoSpace traded at $6.90 in afterhours activity on the Island ECN, following the conference call."

    So, we can discount anything ZDNET says about INSP from now on. This substantiates the growing theory that analysts just report what's in their best interest/propaganda. No factual reporting of news and upgrades/downgrades are simply in support of their customers.

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