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Technology Stocks : INFOSEEK (GO)

GO 10.16

+1.0%

11:14 AM EST

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To: Manly who wrote (8615)	12/20/1998 6:36:00 AM
From: tonto	of 9343

Congratulations on your profit. Interesting articles. Netscape starting a $30,000,000 ad campaign. I will be interested in their focus. Seeking Web stardom? Keep on looking . . . HOLLYWOOD (CBS.MW) -- Despite its reputation for creativity, Hollywood has shown little sign it can harness the potential of the Net. Instead of seeking audience participation or even parlaying "insider" information that entertainment fans crave, they cling to the passive-viewer model they know from TV. It's anything but "entertaining." Nowhere has Hollywood's cluelessness about the Net been more apparent than with the recent launch of the Go Net, the "joint" effort of Walt Disney Co. (DIS) and Silly Valley struggling Web portal company Infoseek (SEEK). The Go Network (go.com) does nothing right, unless you are one of those rare individuals who hungers for Mickey, Sabrina, ESPN and the ABC News team all the time. The article link in full has already been posted. SEEK has a long way to go and doubts do exist by journalists and brokerages. The push in stock valuation occured during the most recent net hysteria, but eventually all hysteria dies and reality sets in. I believe SEEK shall slowly drift back into the low to mid $30's and it will be another buying opportunity as long as the market for the sector remains as hot as it is.

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