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Technology Stocks : INFOSEEK (GO) -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Stoxx who wrote (9205)7/9/1999 12:48:00 PM
From: Yiota  Read Replies (1) | Respond to of 9343
 
To all, I have a live feed on the Dow Jones News Wires, usually each profile updates on the weekly basis, sometimes even twice a week.
In SEEK's profile this morning, I noticed that Financial Institutions have increased their stake in SEEK in the last 3 months by
4.33 Million shares too 25.49%!
Now this is interesting, hmmmm I wonder why :-)

Here is a copy on Seek's profile,
I hope it doesn't turn out messy......

DOW JONES PIR PROFILE Infoseek (Q: SEEK)

Internet navigation co. Logs more than 9M queries a day. Internet site has
links to CNN, N.Y. Times and other papers, business data, stock listings and
directories. 6/99 the co's Software unit signed a pact with Viador for en-
terprise information portal software. 6/99 the co will provide a link from
its Go Network Internet site to FTD's ftd.com site under a two-year pact.
HQ: Sunnyvale, CA IR Phone: 408-543-6930
Analysts 2Q Rev $29.64M +105% YH 100 01/12/99
Cons Rec 2.1 (10a) 2Q Ern ($56.85M) ... YL 14 7/8 09/01/98
4Q EPS est (0.37) (10a) TTM Rev $96.07M +122% C 50 1/4
3Q EPS est (0.42) (10a) TTM Ern ($164.79M ... Annual Dividend None
2Q Op EPS (0.39) Dividend Yield n.a.
00 EPS est (0.90) (10a) Industry Avg 0.50%
99 EPS est (1.57) (10a) 3-Yr Div Growth n.a.
98 Op EPS (0.32) P/E Ratio ... Ex Div Date n.a.
5-Yr EPS Growth 55.0% Industry Avg 41.45 Payable Date n.a.
Industry Avg 14.0% Projected P/E None Split n.a.

Fiscal Yr End 10/03 Shrs Outstanding 61.8M 1-Yr Total Rtrn 45.65%
Book Value 14.75 Float 27.8M Industry Avg 105%
LT Debt/Equity n.a. Market Cap $3.1B 3-Yr Total Rtrn 548%
Short Interest 1.6M Avg Daily Vol 2.22M Industry Avg 651%
Current Ratio 2.04 5-Yr Total Rtrn n.a.
Beta vs DJEI 2.26 Inst Hldgs 25.49% Industry Avg 877%
DJ Industry Code HOU 3 Month Change +4.33M
Insider Hldgs 55.01%
6 Month Change n.a.

TTM 1998 1997 1996 1995
Rev $96.07M $50.72M $35.08M $15.10M $1.03M
Ern ($164.79M) ($5.69M) ($26.56M) ($15.94M) ($3.30M)
Op EPS (3.31) (0.19) (1.00) (0.72) (0.13)
Div n.a. n.a. n.a. n.a. n.a.
Shares 42.6M 31.5M 27.5M 25.7M 20.9M
High/Low 100.00/14.88 56.63/8.44 14.50/4.38 16.50/5.25 n.a.
PE Range n.a. n.a. n.a. n.a. n.a.

(Updated 7/8 Sources: First Call, Market Guide For Help, use N/HLP)
(END) Dow Jones Newswires 07-08-99
08:26 PM EDT




To: Dr. Stoxx who wrote (9205)7/9/1999 1:49:00 PM
From: im a survivor  Read Replies (1) | Respond to of 9343
 
I'm curious to know on what grounds you based your SEEK optimism. >>

Several reasons....as you said it's resting on it's 200dma.....disney buyout possible....summer rally in the works...It should retest previous highs.......company is making strides.....interest in inuts picking up...rate fears behind us...earnings season upon us

Great buy in the $50's if your holding for the long haul....

Good Luck