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Technology Stocks : INFOSEEK (GO)
GO 10.26+0.5%Dec 24 12:59 PM EST
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To: RDR who wrote (8126)11/6/1998 2:00:00 PM
From: Tradewell  Read Replies (1) of 9343
 
Ripu,
SEEK didn't have a shortfall. Revenue and traffic (ex chat) beat expectations. Oppenhiemer(Henry and Elizabeth), DMG and Sally-SmithBarney have downgraded this stock at the bottom, in the wake of GO.Com and the alliance w/Disney. I'm not sure whose TA you're using, but the stock broke above 50 and 200 day MA and is only a few points away from key resistance (all on higher volume).SEEK is NOT going to drop as you suggest. There are better short candidates out there (IMO).
Tradewell
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