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Technology Stocks : INFOSEEK (GO)
GO 10.19-3.5%Dec 16 3:59 PM EST

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To: im a survivor who wrote (9081)4/29/1999 12:24:00 AM
From: SkyDart  Read Replies (1) of 9343
 
DISNEY/SEEK Deal

IMO we will soon hear something about the inevitable buyout of SEEK by Disney.

Disney currently must wait 3 years to gain majority control of SEEK. IMO Disney will have to give SEEK something of great value to take control sooner [so Disney can spinoff the Gonet/Seek web IPO NOW...]

SEEK has a nice pattern of HUGE breakouts on this type of news. Merely look at the one week move from 20 to 44 last year or the one day 30 point move up last December/January.

Any good news IMO like this now [since we are so oversold and the short interest has likely climbed and peaked] would produce an EXPLOSIVE rally that could take SEEK easily to new highs.

And the Oldtimers here know all too well that the time to buy SEEK is when this thread is the most silent....or quiet...

The calm before the storm..

LET IT RAIN!

Dart
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