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Technology Stocks : INFOSEEK (GO)

GO 9.580

-1.7%

3:59 PM EST

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To: OtherChap who wrote (2903)	3/11/1998 4:20:00 PM
From: Phil Jacobson	Read Replies (1) of 9343

All, I sold half at 19 5/8. Will sell the rest at the first sign of a downturn tomorrow. I know most everyone here's pretty bullish, but I won't be riding this down if the market suddenly decides these stocks are overvalued - I got in at 11 1/2 and want these profits to be locked in. Internet stocks have been great to own for their profit, but we need to avoid getting greedy and pay attention to market psychology. That is after all what brought these stocks up so it can certainly be enough to bring them down. On a pct basis we got hit the hardest today...SEEK was the last to go up, now the first to go down. Check out the numbers; YHOO barely got nicked and AOL's up. SEEK - down 10.5% XCIT - down 8.7% LCOS - down 6.8% YHOO - down 3.7% AOL - UP 0.8% Regards, Phil

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