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Technology Stocks : INFOSEEK (GO)
GO 9.410+1.2%Feb 3 3:59 PM EST

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To: Luce Wildebeest who wrote (6209)5/26/1998 6:14:00 PM
From: Jorge  Read Replies (2) of 9343
 
Calvin...NSCP's break-even, compared to expected -.10, may or may not be of much help to the internet sector tomorrow....I think whole market may be in for a correction...Internet "Portals" will have their day again, maybe not any day soon, but will as the growth becomes sustainable....SEEK is putting together the kinds of deals that make it a legitimate player...We'll see things happening for
SEEK too, along with the others...We just finished a Quarter of better than expected numbers from "The Big Four", as I call them...I'm sure internet growth did not end with the last Quarter...I think SEEK will be there to capitalize on that growth.

What a day for the "Portals" today...SEEK can't go much lower (maybe a little) from here...We're getting close to the old consolidation area of around $20, give or take a dollar.....It may sit here for awhile, until news or earnings lifts the stock....I think news will come before earnings season.

We'll have to wait and see.

Regards, George
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