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Technology Stocks : INFOSEEK (GO)
GO 10.22-0.3%10:35 AM EST

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To: Boplicity who wrote (3702)4/16/1998 12:44:00 AM
From: William T. Katz  Read Replies (1) of 9343
 
RE: Fun with numbers

1) SEEK is no Yahoo! Much of the internet hype valuations have to do with name recognition and eyeball capture.

2) Just because the other internet stocks have insane caps doesn't mean SEEK has to "catch up"

3) Did you make this argument for the biotech stocks a few years ago?

The surest sign of "irrational exuberence" is when people start tossing around 30% price increases by weeks end. Pure short squeeze and momentum play fueled by hype/fear of earnings coming up.
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