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Technology Stocks : GoTo.com, promising Internet search engine

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To: SgtPepper who wrote (612)3/25/2000 7:28:00 PM
From: SgtPepper  Read Replies (1) of 977
 
24 Mar 15:55

GoTo.com Chairman Jeffrey Brewer said that as a matter of policy his company
does not comment on analysts' estimates. "We're feeling very good about how
we're going to measure up to people's expectations of us," he added.

Brewer attributed some of the strength in GoTo.com's stock Friday to
investments by institutions that had been "sitting on the sideline" and
concluded the stock price had reached the bottom of a "trough."

Recently 640,000 shares had traded in blocks of 10,000 shares or more. Average
daily block volume is 111,000 shares.

-By Rick Jurgens, Dow Jones Newswires; 650-496-1367;
richard.jurgens@dowjones.com


(END) DOW
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