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Technology Stocks : INFOSEEK (GO)

GO 20.86

-0.2%

Jun 18 5:00 PM EST

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To: Ashley Campbell who wrote (8896)	1/20/1999 5:48:00 PM
From: zalesky	Read Replies (3) of 9343

To AC: Looks like short term we could retest a very short term bottom of 62 bucks we saw about 4 days ago. After that chart shows good resistance in the mid to upper 50s. When I bought in to this issue I knew I was buying at the upper end of the trading pattern and taking a chance. Thank goodness I only put in half of what I eventually wanted to invest in this company. I think we'll see a little more on the downside tomorrow with some buying in the afternoon buoyed by the after the Bell IBM and Excite earnings. Added to this is Seek's earnings themselves set for release on Monday and AOL's on Wednesday. Microsoft or another suitor should make a bid for LCOS any day now which will once again set the entire second tier internet group on fire and take even more internet shares off the market. Good Luck and Don't get spooked out of these shares!!!!

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