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Technology Stocks : INFOSEEK (GO)
GO 10.80-3.2%3:59 PM EST

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To: butter who wrote (565)10/12/1997 5:16:00 PM
From: songw   of 9343
 
I've been watching the stock action-it's pretty clear that SEEK has been under accumulation since the first audience rating announcement. The buyer was holding it first in the low 9s until he was sure he couldn't shake anymore shares free at that level-then moved up to low 10s and managed to shake some more free. As friday as the vol began to dry up he moved up into the 11s-too bad for him though SEEK is on alot of radar screens now and that move up set off a buying frenzy. That pushed up into the 12s. I expect some type of strong shake down in the next couple days- and then up we go.
Its pretty clear someone wants a lot of shares badly
guess what? They won't get mine

In at 8 1/4 and holding
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