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Technology Stocks : INFOSEEK (GO)
GO 10.27+0.1%Dec 26 9:30 AM EST

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To: OD Bobo who wrote (8167)11/10/1998 1:54:00 PM
From: Anaxagoras  Read Replies (2) of 9343
 
<<usually contrary to the other engines. >>

Your exaggerating, of course, since this isn't actually true- 9 times out of 10 it does move with the engines/portals/aggregators/what-cha-ma-callems, however I agree it does have more of a tendency to diverge from the pack than do the others. In any event, I had planned to close out a small short position this morning, but I've held on to it because SEEK is behaving so poorly for no apparent reason while others are hitting all time highs (e.g. INKT, YHOO). As Briefing.com succinctly put it:

<<Even the dogs are flying: EGGS +3, KLB +2, WEBB +2 1/2, KTEL +8 1/2. >>

And if your not flying, perhaps you're a turkey? I'm usually on the long side of SEEK, but not right now. At best it's just churning on increased volume. Perhaps the previously made suggestion that money is rotating to others in the group is correct, but I would doubt that, and in any case it puts off the question why anyone would would sell SEEK to buy the others.

Still puzzled. Any other guesses out there?

Anaxagoras
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