INFOSEEK (GO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INFOSEEK (GO)

GO 11.35

-0.3%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Green Receipt who wrote (9147)	6/8/1999 12:01:00 PM
From: MGS	Read Replies (2) of 9343

SEEK has been reiterated buy with target price of 100-110$ by: DB Alex.Brown, Jeffries & Co., and PaineWebber. PaineWebber's Preissler said that the acquisition price should be of $ 63-69 if compared with the unsuccesful bid by USAI for LCOS or 88 $ if compared with the ATHM takeover of XCIT at that time. However he thinks SEEK has a major value respect of XCIT - leading to a higher acquisition price - Alex.Brown said that the 50$ ceiling is a non issue, because it's limited to small part of shares and should not be considered a limitation in the eventual acquisition price. From discussion Jeffries & co. had with mgmt yesterday, quarter is getting great (comfortable w est.) I think we have to steadly hold the shares here, waiting what's going on. the only risk is that DIS doesn't take over and this should create some pressure on the stock price. anyway great apprecaition potential in the longer term. We are in a win/win situation,

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next