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Technology Stocks : INFOSEEK (GO)

GO 9.790

-0.9%

3:59 PM EST

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To: Tim Luke who wrote (3031)	3/13/1998 12:01:00 PM
From: Robert Pope	Read Replies (2) of 9343

I feel that investing in the top search engines now is like investing in the automobile manufacturers back in the 20s and 30s. Only way to go is up, up, up! Listen to previous poster 'the trend is your friend'. Look at the chart here - its obvious which way we're going. Easier to go with the trend than to try and time it and buck the trend. MMs actually like stocks setting new highs - no one losing $$ yet, no upper resistance. Anyone who predicts a big downside here either: 1) is a not-too-bright short-seller 2) doesn't know much about technology or the future or, 3) is some wiseguy day-trader. That leaves the rest of us on the thread (most of us) as sitting pretty. I like the Marty Lee positive posts, I agree with that perspective, too. Like CBS, ABC and NBC, search engines are the media networks of the future. Huge advertising $$$. Good luck! -Robert

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