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Technology Stocks : INFOSEEK (GO)
GO 20.86-0.2%Jun 18 5:00 PM EST

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To: SHGLaw who wrote (8905)1/21/1999 11:14:00 AM
From: chirodoc  Read Replies (1) of 9343
 
shg we mostly agree about the tulip
but these things do have wild swings
and taking a bit of profit at the top
is not such a bad idea
i started in seek in the low teens
and did a bit of trading on the wild swings

now that it is disney i am going to hold it
i only have $15K in the stock so my risk is small
but they are right when they say these things can crash
look at the chart of amzn and ebay over the next few days
anyone buying at the top has lost quite a bundle
valuations have become stretched

but the growth has been underestimated for so long
by wall street that they needed a year or two of huge rallies
just a couple years ago when i bought aol at 32
the pundits on the street were saying there was no way
aol would make any money

curtis
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