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Technology Stocks : INFOSEEK (GO)
GO 9.540-0.1%Jan 9 9:30 AM EST

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To: Olu Emuleomo who wrote (5885)5/8/1998 11:50:00 AM
From: Sylvester   of 9343
 
While seek is not having a great day, it's up over $1 on average DV, and it more or less held it's own during the NASDAQ correction days.

I still say 38 before 24 but I'm out again at $36. No more teens for SEEK I'm afraid but I'll be able to buy it again at $28 in the near future. In fact, while I don't make a practice at shorting stocks (I always bet Don't Pass in Craps and usually win) I see the fall back after $36-38 to be significant because of a new round of profit taking a a period of no new news, combined with the anticipated market downturn. Still the short term is long IMO.
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