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Technology Stocks : INFOSEEK (GO)

GO 11.35

-0.3%

Dec 5 9:30 AM EST

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To: Pakman2000 who wrote (5101)	4/26/1998 8:54:00 AM
From: kgreen	Read Replies (1) of 9343

Trading Theory: When some of the big brokerage houses initiate coverage of a sector, investors cast about looking for the best bargains in the group. So the brokerages initiate coverage of internet stocks and money starts coming in. If you are looking for a search engine, you eyeball Yahoo. It's trading above 110 and is still losing money. Not too attractive.. especially if you don't have the big bucks to buy a 100 shares. Then you move down the chain to XCIT. Higher price, high losses. Finally you hit SEEK. It's cheap in comparison to the others (low 30's now) and it has low losses in comparison. So you pull the trigger and buy yourself a hundred shares or so to park in portfolio. That's one of the reasons I think SEEK has stronger support. Individual investors can afford it. Fund managers are different.. but even a fund manager's gotta look at SEEK with a more favorable eye. The next time someone talks to the company, ask 'em how many fund managers have contacted/met with them. Kath

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