SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : GoTo.com, promising Internet search engine -- Ignore unavailable to you. Want to Upgrade?


To: Keith Rosenblatt who wrote (398)7/15/1999 9:50:00 AM
From: Mike Fredericks  Read Replies (1) | Respond to of 977
 
I did the same thing (sold at 65 3/8). I completely disagree with the shorts who were posting on Raging Bull yesterday, saying that Goto only has 6MM in revenues, etc. Those are 1Q numbers multiplied times 4 and I wouldn't be at all shocked to see 2Q numbers come in about 3 times that figure, and 3Q even higher than that. My personal predictions are for $8MM for 3Q and soemwhere in the $5MM range for 2Q. Guess we'll find out in a couple weeks.

So bottom line is I think long term is still positive, but a 14-point run-up is alot. If it drops below 60 I'm back in.

-Mike



To: Keith Rosenblatt who wrote (398)7/15/1999 9:59:00 AM
From: $Mogul  Respond to of 977
 
Wise Move Keith.