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Technology Stocks : INFOSEEK (GO)

GO 10.29

+0.9%

3:19 PM EST

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To: Sam Nizam who wrote (9064)	4/19/1999 11:26:00 PM
From: SkyDart	Read Replies (1) of 9343

Seek is a great buy from a purely technical standpoint. However the fundamental future is even more compelling. Disney is now in talks with SEEK trying to work a deal where Disney can take majority control sooner than the contracted 3 year waiting period. Disney wants to do an IPO of its internet division which includes the properties of Infoseek and Go.network. Currently Disney only controls 43% of seek's shares. IMO it is obvious that Seek will attempt to gain a % of the proposed IPO in exchange for giving Disney majority control...This should drive up Seek well over the hundred mark. Dart

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