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Technology Stocks : GoTo.com, promising Internet search engine
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To: Stephen who wrote (432)7/21/1999 12:27:00 AM
From: Howard Hoffman  Read Replies (1) of 977
 
Number of visitors is only one way of measuring success. I believe in the profit model, which says that ultimately, a company, even if it is on the Internet, must figure a way of making profits, not just traffic. Look at the GoTo business model and tell us how GNET is worth more than GoTo.

GoTo makes real revenue on the majority of searches now and will make more and more as bids go up.

Sold (trading shares only, holding tight to IPO shares) at 63 last week and back in today at 56.
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