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Technology Stocks : INFOSEEK (GO)

GO 10.76

-0.5%

11:21 AM EST

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To: Jon K. who wrote (9094)	5/5/1999 10:21:00 PM
From: SkyDart	Read Replies (1) of 9343

<What is wrong with SEEK> Patience Son.... XCIT was undervalued at 65 early this year at 20x sales. Now it has doubled. SEEK undervalued now as I have posted to you this week. IMO the charts showed SEEK ready to break out to upside. {see my prior posts}. Usually before an upside breakout, the stock will drop to shake out the weak hands first. I loaded up on stock today and held the calls. They should be worth a small fortune when SEEK hits 150 later this year. YHOO dropped from 450 to 250 and then went on to new highs. AMZN dropped form 199 to 89 and then went back up to 210. What makes you think that merely because SEEK went from 100 to 43 it is "weak"? The biggest mistake of most traders is to become too bullish AFTER a stock rises and too BEARISH after it declines... Patience my boy.... Dart

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