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

To: SHGLaw who wrote (9217)	7/12/1999 1:21:00 PM
From: J. C. Dithers	Respond to of 9343

Motro gave seek away for nothing Then the stock should be trading at zero. the deal has no ascertainable value Which internet stocks have "ascertainable value?" no one missed this glaring omission Apparently someone did. Stock coming off its lows.

To: SHGLaw who wrote (9217)	7/12/1999 1:48:00 PM
From: D.J.Smyth	Read Replies (1) \| Respond to of 9343

you'd think the 70% DIS retained ownership in Seek would be a positive in that it would create a small float relative to current mutual fund/bank holders (float would look to be about 10% of shares outstanding, since banks and mutuals own at least 20% now), but there's some trading sites claiming Disney is retaining 70% just to decrease it's ownership when the new stock is issued (by dumping on the market to make back their initial investment). Disney is goofy, not Mickey.