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Technology Stocks : INFOSEEK (GO)
GO 9.355+2.4%12:34 PM EST
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To: Pullin-GS who wrote (8134)11/7/1998 6:03:00 PM
From: Tradewell   of 9343
 
Pullin,
I too can read the tape. It's worth pointing out that investors and speculators often have different objectives (as well as time horizons). I'm obviously less interested in the day to day movements of the portal stocks than you. To apply that logic, though, it's interesting that while SEEK dropped down to the mid 20's on this "shortfall", it didn't take long for it to rebound back to 34 (on big volume). Seems that some investors have a different perspective than SEEK shorts. That's why they have horse races.
Tradewell
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