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Technology Stocks : INFOSEEK (GO)

GO 9.540

-0.3%

3:59 PM EST

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To: Jonathan Bulkeley who wrote (8255)	11/20/1998 7:59:00 AM
From: Anaxagoras	Read Replies (2) of 9343

<<The internet stocks are more than likely poised for a downward cycle...>> I'm jealous of your short position, but I managed to sneak one in on LCOS yesterday so I'm content. With reference to the above comment, I'm not so sure- I think it's too soon and I think it will be choppy, jaggey, for the next few weeks- ML is bringing forth another internet IPO (I forget whom) very soon, so they still think the climate is ripe. As to SEEK, I agree with the poster who thought it likely to dip in the upper $20s again- I'll be a buyer then, I think. Don't want to miss out on GO. Here's a squib from a SEEK release yesterday: <<"With the closing of this transaction, we are now poised to launch Go Network and a new era for Infoseek," said Harry Motro, chief executive officer (CEO) of Infoseek. Go Network is currently expected to launch sometime during the fourth calendar quarter of 1998. But a note at the Web site Thursday morning said that a preview of the new service is "coming to the Web sooner than you think.">> Anaxagoras

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