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Technology Stocks : INFOSEEK (GO)
GO 10.11-0.4%Dec 31 3:59 PM EST

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To: cm who wrote (3340)3/31/1998 7:31:00 PM
From: cm  Read Replies (2) of 9343
 
<<OT>> Just Doubled My Portfolio Holdings From...

two and a half shares to five. Actually, to be honest,
I didn't really buy these shares... per se. These were gratuities
of a sort, left me by customers of our local organ
bank. Okay, so damn it, I may not have a lot. But, these five
SEEK shares mean a lot to me. Admittedly, they've been meaning less to me
these past few days. Still, though, I have my hopes.

In a way this SEEK-filled portfolio of mine is a bit of
a burden to me. I feel the weight of allegiance to many friends
and acquaintances who have similar holdings in this fine company.
I feel that, somehow, some fine morning, if I were to wake up and
say to myself, "Hang it all, friend, sell your SEEK and get
two meals in a row", that such a move might rattle the very foundations of the markets. In
fact, might even, to coin a phrase, mess with market dynamics.
The mere thought of which makes me shudder.

But, seriously, what would be the commission on selling over
7OO,OOO shares in one swell foop? Not a transaction that one would
idly trust to my advisors, Kennel, Grooms, & Dipf.

Another non-descript SEEK day. And, to OO, I'm not going
to speculate about a possible $.01 quarter... anymore, that is.
As for earnings release date, your guess, friend is probably better
than mine. I remain wholly positive about the future of the stock,
though. IDC estimates that something like 27% of American households
will be on the Web by year's end. Some of this, no doubt, fed by
the lower price of entry afforded by very popular "under-grand"
PC's. SEEK will announce "soon" its revised stocks area... with
message boards and more. We'll know the Netscape resolution probably in less than three weeks.
Berger Funds, from what a friend tells me, is still buying. Further,
I am looking for more news releases about NewsReal and partners for
that spin-off. In short, g-damn-it, my FIVE shares are well
positioned.

Best Regards To All SEEK-Holders,

c m
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