GO2NET INC.
Multichannel News, July, 1999
(NASDAQ--GNET) Go2Net the Internet portal that counts Microsoft Corp cofounder Paul Allen as its largest investor, has been climbing steadily during the past few weeks, gaining more than $30 per share in the past month. The company along with Allen's Vulcan Ventures Inc., recently announced that it would invest $20 million in cash for a 10 percent stake in e-mail service provider Comm Touch Software Inc., capping a recent deal binge.
And Allen, who paid about $300 million for a controlling interest in Go2Net in March. plans to link the portal with high-speed internet access offered by the MSO he controls, Charter STOCK FOCUS Top 5 percentage gainers: ValueVision 34.35 Shop at Home 22.39 ...
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