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Technology Stocks : INFOSEEK (GO)

GO 10.28

+0.9%

Dec 17 3:59 PM EST

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To: Frank P. Pearson who wrote (8979)	1/28/1999 6:53:00 PM
From: Winston Kim	Read Replies (1) of 9343

Does earnings really matter for these Internet stocks? If making money was the case then AMZN would not be where it is at...same with...LCOS, XCIT, SPLN, PTVL, EXDS, DCLK...etc...etc...etc...The only two Internet companies that make any real money is AOL and YHOO. Investors looking for value in the Internet sector is crazy because there is none. Everything is overpriced and will be continue to be overvalued because demand outweighs supply. The word potential is and always will be the reason. SEEK lost money big surprise....why is it over 80 bucks today? Everyone knew the estimates was going to be a loss of .44 cents...AMZN continues to loss massive amounts of money and does it stop the stock from rising....nah....Investor enthusiam will continue to rule the Internets and drive it higher and higher....maybe it will go down...but it will always come back....always does.....

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