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Technology Stocks : INFOSEEK (GO)
GO 11.35-0.3%Dec 5 3:59 PM EST

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To: Frank Z who wrote (9293)9/12/1999 8:09:00 PM
From: Stephen M. DeMoss   of 9343
 
And what do you conclude from that? I always saw short interest as a plus because when the shorters are forced to cover, the stock can run. If short interest is down, that means (to me) the stock will slowly die unless things become more clear. The low volume is probably positive (in my mind) which may mean agressive selling (which we saw from 55 to 35) is (for the time being) over. Anyone have access to money flow? Sometimes money flow is positive even when the price action is negative (especially on low volume). I loved Disneyworld with the family. Thought it was excellent, much better than I imagined. However, I am (near term) very unhappy with Dis management and Seek management on how this deal has affected us. Fortunately I was selling calls on the stock early on which has minimized my paper losses. I have friends who were buying calls and lost it all. I will take back my words of critisism if this deal ultimately turns the stocks positive. Steve D.
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