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Technology Stocks : INFOSEEK (GO)
GO 11.13+1.5%Nov 28 9:30 AM EST
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To: AugustWest who wrote (7321)7/24/1998 6:08:00 PM
From: charger  Read Replies (1) of 9343
 
Internet stocks are overvalued any way you look at them, but relative to its peers, SEEK is cheap...CNWK has a greater valuation than SEEK with half the revenues. DIS/ABC brings huge clout to SEEK as a media portal which should help it to dominate this sector long term. Today was a heavy capitulation day by sellers and support held at 29, so unless we see another market meltdown next week, SEEK should rebound nicely. Regards
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