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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 (8636)	12/22/1998 7:30:00 AM
From: tonto	Read Replies (3) of 9343

The net feeding frenzy shall stop one day. It is truly remarkable. The situations in Japan and Russia are being highlighted today in the news. As Greenspan advised back in Septmenber, "we are not an oasis". Infoseek (NASDAQ:SEEK - news) shares have hit the ceiling in our view. we were the first to tell you six weeks ago that Disney has the right to acquire majority of SEEK for $50 per share. DIS already owns 43%. Go.com or not that puts SEEK out of the wider auction another acquirer may have wanted to pay some day. I am surprised DIS has not gained more during this time.

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