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Technology Stocks : INFOSEEK (GO)

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To: Anaxagoras who wrote (8207)	11/17/1998 11:04:00 AM
From: Anaxagoras	Read Replies (3) of 9343

A squib of interest from Briefing.com: <<10:26 ET Lehman On Portals: Firm says its portal concerns remain intact given recent run-up in the stocks over hype regarding Internet holiday sales; believes that portal competition continues to increase, with likes of deep-pocket players such as NBC, Microsoft and Disney entering the arena; competition will force portals to increase marketing spending, which will possibly impact margins; lastly, notes that in most competitive marketplaces only a handful of properties survive -- most cities have only one or two newspapers, there are only four broadcast networks, and two major weekly news magazines. "Thus we doubt that eight portals are necessary.">> Anaxagoras

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