INFOSEEK (GO) Message Board

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Technology Stocks : INFOSEEK (GO)

GO 10.83

-2.9%

Dec 12 9:30 AM EST

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To: Jim Lou who wrote (555)	10/12/1997 4:51:00 PM
From: butter	of 9343

Jim, I'm looking at a chart and I am totally seeing different things. My short term indicators on SEEK have not reached the overbought status yet - there is still room for this stock to move. Seek has also hit a new 52 wk high - This is significant because new ground is being broken and tested. What do you mean by hick up at 11-12? It appears to me that SEEK plowed through 11 and I do not foresee a problem getting through 12. In fact, I am expecting a gap open to the upside on monday since the "going into weekend" selloff didn't materialize. Of course I could be wrong, but I like my odds. What could spoil the party? A higher than expected CPI this week number or something else external that is out of our control. I think a pull back will occur but at a higher level. butter

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