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Technology Stocks : INFOSEEK (GO)
GO 9.790-0.7%Jan 23 9:30 AM EST

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To: Tim Luke who wrote (3100)3/16/1998 3:39:00 PM
From: SHGLaw  Read Replies (3) of 9343
 
You missed one: Lcos -5/8. Kinda spoils the theory, no? Also, take a look at the percentage gains in the past two weeks, and you find that seek outgained everybody else, so there's no profit taking there.

There's no question but that seek has been the laggard in the bunch (going back to my failure of management thesis), but I do not find this basing to be either surprising or problematic. And I too could be very wrong. And look at xcit and tell me I was a genius to take my profit at 20, which was, oh, 30 points ago. And once you have missed the run, there's never a good point to get back in since it pains you to buy back at more than you sold. Very tough choices, but unless you are a day trader, you have to hold or be ready to miss the boat.
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