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Technology Stocks : INFOSEEK (GO)

GO 10.05

+0.4%

Dec 22 3:59 PM EST

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To: ernie who wrote (8616)	12/19/1998 6:31:00 PM
From: Manly	Read Replies (1) of 9343

Ernie, We've been trading the heck out of net stocks the past 2 years and just when everything is rosey and bright - bam!!!!! The MM's come in and take it for a nice downward spiral, I'm going with the odds here since we all know valuations mean next to nothing with net stocks. I will put buy orders in at low prices and hope the MM's play their tricks agian. Don't know if you were able to watch the action on Nov. 30th when a person couldn't log on to their computer or call their broker. It would have been sweat that day to have some nice low buy orders in to catch some of these stocks on their downward spiral that morning! We just make money playing net stocks like a boxer - be quick on your feet and never ever take huge returns for granted. Take your $$$$ and run, always time to come back and buy again. 1998 has been a fantastic investing year and I hope others do not get so enamored with a stock that they lose perspective. As for SEEK, Disney is in the dog house now with religious groups and so on - but to bet against them over the long haul is crazy. They are marketing guros and I for one will stake a bit of $$$$ on them over time. But, why not make money playing the swings???? Everyone will eventually learn it's better to pay more in taxes and have your profits then to try and hold for 18 months hoping for great returns. Make more by buying and selling often!!!! Glenn

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