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Technology Stocks : Walt Disney
DIS 105.24-0.2%Dec 5 9:30 AM EST

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To: freeus who wrote (756)7/7/1998 9:01:00 PM
From: chirodoc  Read Replies (1) of 2222
 
<Picture: Internet.com's Internet Stock Report>
July 7, 1998
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Nine Triples and a Double:
Top 10 To Watch Up 173%

By Steve Harmon
Senior Investment Analyst
Internet.com
"Where Wall Street Meets The Web"

If our top 10 stocks to watch this year comprised a baseball team it would have hit nine triples and a double bringing in multiple home runs for investors. As a group these stocks gained 173% since December 31 when we first put them in the spotlight. Investors who would have bought equal dollar value of shares would have had even better returns, up 194%.

The only "portal" listed here, Infoseek (NASDAQ:SEEK), originally made the list based on its relative valuation to its peers. We think Wall Street still thinks of SEEK in the past tense.

Forget Infoseek as you knew it. We believe Infoseek effectively becomes Disney's Web division, a tracking stock for Disney's Internet efforts. If it fails we'd be surprised--the combination of Disney, ABC, ESPN and vaults of content could launch Web sites and portals that would make Yahoo! jealous.

.....like i was saying: people underestimate the power of DIS + ABC +SEEK + ESPN = one helluva portal--watch out nscp, msft, and yhoo, here comes walt disney.

just bought some more seek today and may buy a bit more disney. ins't this fun!

curtits
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