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Technology Stocks : INFOSEEK (GO)
GO 10.27+0.1%Dec 26 9:30 AM EST
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To: Tom Trivett who wrote (8148)11/9/1998 5:56:00 PM
From: Gabor  Read Replies (1) of 9343
 
Tom,
Here is the way I see it:Since there is 4.6+Mill short positions on seek,the MMs can't bring the stock down without taking a bath,therefore I predict a short term squeeze which will drive the price up even higher,the same is going to happen with yhoo.I would not short even at 40.I shorted seek out of sickness when they did not beat earnings and it handed my A** on a silver plate,now I bought it at 38 and will sell at the high 40, or low 50s.
Regards
Gabor
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