INFOSEEK (GO) Message Board

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Technology Stocks : INFOSEEK (GO)

GO 10.26

+0.5%

Dec 24 12:59 PM EST

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To: Pullin-GS who wrote (8131)	11/7/1998 6:59:00 AM
From: Tradewell	Read Replies (2) of 9343

Pullin, Check the report again. SEEK beat revenue expectations and traffic expectations (pure search traffic - which is higher margin than chat traffic). SEEK took a $1.4 mil charge related to launch of GO.Com which is why the reported EPS was in the middle of the street range. Not to split hairs; DMG, Oppenheimer and SBS viewed this as a shortfall. I submit by doing so they've created a great buying opportunity. SEEK is a portal company so expectations of profitability over the next 4 quarters (as opposed to "years to come" which is false) isn't realistic. SEEK has certainly weathered the storm. Stock looks like it wants to march up to $40. It'll be there by the time Disney launches campaign. Good luck! Tradewell

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