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Technology Stocks : INFOSEEK (GO)
GO 9.540-1.0%3:36 PM EST
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To: Craig Rogers who wrote (2397)2/14/1998 12:37:00 PM
From: Phil Jacobson  Read Replies (1) of 9343
 
>> Volume through the roof and the close wasn't that great. I thought it would have been better.

Intraday chart looks fine. Highest volume was early and price went to $14. Some consolidation occurred later at lower volumes and price dropped slightly. Remember that for every seller there's a buyer and there's now a large number of shares with a basis above $13. I think we're fine. Price may sit for a few days but this would be OK as the floor continues to solidify.

Phil
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