e-Commerce the Next 100 Months...... Message Board

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Strategies & Market Trends : e-Commerce the Next 100 Months......

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To: cm who wrote (197)	3/21/1998 2:41:00 PM
From: cm	Read Replies (1) of 2882

More on SEEK & XCIT... Well, the Yahoo SEEK thread reports that ML is about to issue (or has issued) a change of opinion on SEEK, XCIT and a couple of other players. NSCP as well. SEEK & XCIT are both rated long-term accumulate and high risk at this juncture. An ML downgrade, which seems unlikely but ya never know, would be especially painful to SEEK because ML underwrote SEEK's recent SPO. SEEK has reached or neared ML's target price. On the flip side, would anybody be horribly surprised that ML, the underwriter, issues a SEEK upgrade or adjusts the target price upward... ? ( Incidentally, for those who don't follow this one like a shadow, Denver's Berger Funds are now on record as being a holder of SEEK. I believe it's there Small Company Growth Fund...) Oh, well, we'll see. Happy Weekend!

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