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Technology Stocks : INFOSEEK (GO)

GO 10.80

-3.2%

3:59 PM EST

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To: Daniel Miller who wrote (9152)	6/9/1999 12:23:00 AM
From: Lachesis Atropos	Read Replies (2) of 9343

Hi Daniel, I agree I went short at close based on Thomson I-Watch Mid-day Update, "Similarly, the pre-trade indications from institutional brokers on I-Watch are extremely light with a heavy bias toward sellers." I am expecting institutional brokers to come in selling in the morning. If not I'll run for cover and short at the next close. SEEK -- Internet Info Provdrs -- Technology 08-Jun-99 11:06:22 Shares of Infoseek have surged $6 1/8 to $49 1/8 on news that Disney is considering the possibility of buying the remaining 57% stake of SEEK it does not already own. Infoseek is trading off its intra-day high of $51 3/4. A review of this morning's trading data indicates today's rise can be traced back to speculative buying by day traders, both professional and retail. A tiny 3.2% of the 4.7 million shares exchanged today resulted from block transactions. Similarly, the pre-trade indications from institutional brokers on I-Watch are extremely light with a heavy bias toward sellers. The reported trade data shows

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