INFOSEEK (GO) Message Board

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Technology Stocks : INFOSEEK (GO)

GO 9.550

-0.3%

3:59 PM EST

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To: TLindt who wrote (1026)	10/23/1997 9:21:00 PM
From: Ron Kline	Read Replies (2) of 9343

I agree I traded this as fast as I could because of what you say. When you are last on the list you get last of the gains. It's like before the stock market crashes all the dogs move up just a bit. I'm not saying SEEK is not improving, but I think people need to take it in perspective.. the company is just not as competitive as the others on the block. I don't think it will go down much, and I think if people stick with it they may see a gain from todays prices. But I do think it will continue to lag the others. I've found out through trial and error that when you invest in companies that are not making a profit, you really need to go with the leaders in the industry to make the most money. People always put big money behind the best. For people who got in late with this internet game, then SEEK probably turned out to be the correct choice. The big question is how much longer is it going to last? I sure don't want to be the last one to be buying at the top. Long term they will do well, but I can expect that there will be a time when you will see a pretty big correction. They did it last December look at the charts. I don't see any reason it will not happen again.

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