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Technology Stocks : INFOSEEK (GO)

GO 9.590

-1.6%

Jan 16 9:30 AM EST

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To: Secret_Agent_Man who wrote (2950)	3/11/1998 10:25:00 PM
From: Tim Luke	Read Replies (1) of 9343

My Opinion Only: I expect a additional 2-4 point drop over the next 5 trading days. The good news is it will rebound fairly fast back up to 18-20 and building a base in the 17-19 area but that will be about it. The bad news is the will start to dry up making for smaller swings in the price, the MM had a lot of fun with this stock and now its about over. Don't get mad at them is you catch a ride on their coat tails you can make some quick profits, its all part of the game. I have been following this stock for quite awhile now and I think the only way this stock will go past 25 will be if it falls to the mid-teens and then someone comes and takes the company over. This is what I feel will happen, I think it is a good company but for it to be a contender with the big three its going to need some big money behind them. So in short my call is that it will fall to the mid-teens (on purpose) so that a takeover will be possible. Good Luck All

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