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Technology Stocks : INFOSEEK (GO)

GO 10.27

+0.1%

Dec 26 9:30 AM EST

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To: Craig Rogers who wrote (2424)	2/16/1998 2:16:00 AM
From: Bruce Cullen	Read Replies (1) of 9343

I am on the sidelines on SEEK right now. I hold big (PRTL) Short (ISSI) SEEK very few sold over the past week, I think the IRAQ and new shares on SEEK may shake the tree, and I will then get even more SEEK when I think it may hit the 11 range again, I am not sure it is going to push the 14 1/2 line, I could be wrong 1001% I am taking caution, Market may see good bounce and the Olympics ending and USA looking to fire right at the end makes me wonder, SEEK intra-day can drop down to 10-11 on a bad day, not that it will close there but look at the charts, I will gamble. I have had a lot of fun this past month. Bruce Cullen P.S> I revise my SEEK estimate (price Objective) from 22 down to 18 1/2...reason--->New Cash Needed, what's wrong with the revenue from the Ultra's?

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