INFOSEEK (GO) Message Board

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Technology Stocks : INFOSEEK (GO)

GO 20.86

-0.2%

Jun 18 5:00 PM EST

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To: Bob Logan who wrote (8331)	12/8/1998 3:08:00 PM
From: tonto	Read Replies (4) of 9343

SEEK has been an excellent trade in the last few weeks. It may continue to increase for the very short term. I do believe we will very soon see the bubble burst, particularly on certain sectors, the net being one. I currently am analyzing the significant increase in lay offs by smaller companies during the past 3 weeks which is going unnoticed. I sit on a board which administers JTPA money, and we are applying for two additional federal grants for funding to help the 100's of workers who have lost their jobs during the past month. The layoffs are picking up steam, and I think we are starting to finally see a slow down. I am checking with other areas and states to get additional information. Agriculture sector, Deere, CAT,...slow suppliers are laying off... I will advise about other sectors as information becomes available.

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