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Technology Stocks : GoTo.com, promising Internet search engine -- Ignore unavailable to you. Want to Upgrade?

To: Susan Saline who wrote (33)	6/23/1999 5:53:00 PM
From: Howard Hoffman	Respond to of 977

I may buy some other shares to trade (or for long term). I plan on holding on to the first 100 indefinitely. YHOO is currently evaluated at $35 B (market cap) and has 31 M unique monthly visitors. GOTO is evaluated at $1.1 B and has 5 M visitors (latest figures from MediaMetrix). I think that YHOO is probably overvalued by at least a factor of 2. Even so, GOTO price has a long way to go, and it looks like up to me. And one other thing, the GOTO bids just keep going up and more terms get bid on every month. The cost of running the site is going down as they improve the automation from the advertiser standpoint. Adding money to your account, changing bids, etc. is now very automated.