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Technology Stocks : INFOSEEK (GO)

GO 10.27

+0.1%

Dec 26 9:30 AM EST

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To: Kulnor who wrote (5601)	5/4/1998 5:05:00 PM
From: Jonathan Brown	Read Replies (1) of 9343

As usual, Irby's on target, I'd say. The sector is in play; a game is afoot. SEEK has already fallen back in its stock price ratio with XCIT (below 0.5); if XCIT runs tomorrow on the news, SEEK will look even prettier should it fall back a few dollars. Breaking support at 28 is short wishful thinking absent a sector or general market pullback. With AOL earnings (supposing they're okay), two Net conventions, and the search engine CEOs on the tube this week, I somehow doubt we're going to see a SEEK collapse. Buy on the dips is likelier. People aren't going to be saying, Dump SEEK, it's doomed! They're going to wonder what's up Motro's sleeve. J

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