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Technology Stocks : INFOSEEK (GO)
GO 10.01+0.1%Dec 19 3:59 PM EST
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To: Tim Luke who wrote (8344)12/8/1998 4:40:00 PM
From: Smart Investor  Read Replies (2) of 9343
 
I predict that it will close lower tomorrow. It is just too easy to break the previous high. Normally, it takes a few sessions to do that. It is good morally that SEEK stop accepting porn advertising. However, where the extra revenue is going to come from to offset the loss of revenue ? The future earning picture is not good fro SEEK. I think the stock will come back down to 30 or below when people realize this.
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