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Technology Stocks : INFOSEEK (GO)

GO 10.28

+0.9%

Dec 17 3:59 PM EST

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To: Winston Kim who wrote (8980)	1/29/1999 6:02:00 AM
From: tonto	of 9343

Actually, SEEK only beat the consensus estimate loss by a penny, which is easy to do in accounting. One company did come out some weeks ago predicting .43 0r .44 loss per share. Nothing is guaranteed in the net, and there shall be some major failures forthcoming. Greenspan warned the public of this, this week. But, there also are some major successes. I agree, the pricing is way too high in my opinion for all the net stocks, but, as long as one is nimble and ready to move they are a sector to be invested in for many. 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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