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Technology Stocks : GoTo.com, promising Internet search engine

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To: Stephen who wrote (235)	7/5/1999 8:37:00 AM
From: Topannuity	Read Replies (2) of 977

From Steve Harmon - internet analyst - on GOTO valuation... I wasn't alone in thinking GOTO got ahead of itself at $50, even though I own 100 shares from the IPO level. Hersh To: Topannuity (2063 ) From: steve harmon - analyst ( Ignore ) Monday, Jul 5 1999 4:38AM ET Reply # of 2079 goto - on relative basis goto looks frothy, it ran on sympathy with ask jeeves (nasdaq:askj) i see room for simple search and new search types, these appear to be getting ahead of themselves in value since the others have run greatly from the 1995-now period people are buying the next wave or at least trading it i don't think goto or jeeves should command the valuations they have but it may not stop them from rising, same as it didn't stop yhoo-lcos-xcit-seek

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