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Technology Stocks : INFOSEEK (GO)

GO 9.540

-0.1%

Jan 9 9:30 AM EST

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To: MR. PANAMA (I am a PLAYER) who wrote (4531)	4/21/1998 3:07:00 AM
From: craig crawford	Read Replies (2) of 9343

<< Craig....be careful man...there are many many people looking at this group and have yet to buy shares in any one of them >> 95.6 million shares (17 times the float) traded in 5 days and there are still many people waiting to get into SEEK??? What are they waiting for, a written invitation? << The problem is that the net is still in development and as it reaches critical mass these search engines will extract various forms of income other than the common banner ad revenue.. >> Some will fare better than others. I'm betting on YHOO to take a good portion and MSFT will have their say. SEEK is trading at 144 times 1999 estimates and it's not even an internet leader.

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