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Technology Stocks : INFOSEEK (GO)

GO 10.21

-0.6%

Dec 29 3:59 PM EST

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To: ViperChick Secret Agent 006.9 who wrote (5904)	5/7/1998 4:17:00 PM
From: Robert Pope	Read Replies (3) of 9343

Why are you so obsessed with valuating SEEK? You must understand by now that valuation means NOTHING when it comes to these stocks. Hence Buffett's remarks 'dont rty to valuate.' Don't buy any then, or short it. Look at AOLs market cap - $18-19 Billion. Can you justify and valuation like that? No. Have people gotten filthy rich on the rise from 1 bil to 19 bil? Yes. Valuations mean squat. Wall Street always knows - and its valuating these companies at these levels. Don't try and understand it, deal with it. I've had phenominal success going long on SEEK. You don't have to... btw, I'd like to know what web browser you were using 5 yrs ago and who your ISP was back then. I'm talking 1993 and I think you're full of it!

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