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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999!

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To: Benny Freeman who wrote (567)11/12/1997 9:52:00 PM
From: Charles A. Fielder III  Read Replies (2) of 3183
 
Personally, I think it will be back in mid 20's very quickly, if not tomorrow morning. When you stop to think about Yahoo's valuation being more than 7 or 8x times that of Excite, and then compare the last quarter's earnings of the two, you can only become quite puzzle over who is controlling this stock. With all of the analyst still recommending this as a Strong Buy, I would not be surprised to see more upgrades soon. My research has shown that there has been no big insider sells, unlike the other search engines.

Overall, this is the No. 2 Search Engine and certainly in my opinion Excite sounds better than the others and the name will only GROW much stronger.

XCIT on!

Charlie Fielder
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