Craig, I'm LOUSY at Short Term, But...
I rounded out my position at 29 1/8. It was a little hard
to catch this, but I had a little help from a friend. Anyway,
I now sit and wait. No more going in from me. Certainly none
going out. 1/2 of SEEK holdings are untouchable. This latter
half, between yesterday and today's purchases, those I won't
speak for or about until the dust settles.
My comments about relatively near-term to mid-term
Market conditions and the Web sector (even relative quality like SEEK--
strong management, growing earnings, more deals I save for
another board. Though, I probably fit somewhere near what
Jonathan posted earlier.
The NSCP announcement about free e-mail etc could, on
the face of it, make it look like SEEK's out of that game... which
might be revealing. It is interesting to note that that release
did NOT even mention SEEK, at all, though it did mention YHOO
and XCIT. I quoted the little snippet earlier... and that
remains of interest to me. Who WILL they partner with for
their self-branded search?
I now wait for earnings. They are good, IMHO, beating
Street estimates. Whether they are GREAT remains to be seen.
Good Luck, gentle SEEKers,
c m |
