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Technology Stocks : Ask Jeeves,Inc-(Nasdaq-ASKJ) -- Ignore unavailable to you. Want to Upgrade?


To: Don Green who wrote (189)12/2/1999 5:13:00 PM
From: Dick Smith  Read Replies (1) | Respond to of 838
 
Do I actually use it?

Don Green asked "Just curious do you actually use Jeeves for your searches? I tried it a few times and actually thought it was more of a gimmick..but I have also seen many other sites now using similar questionare input."

Well, yes, I do use it, for certain kinds of searches... especially the dumb kind that keyword-based engines (Altavista is my favorite) don't do well. Questions like "When is Hannakuh?" or "Tell me about Pokemon." It does fairly well at those. It was crummy at "Should I buy your IPO shares if offered?"

And many of the other sites you're seeing question-style search are using ASKJ's question engine... those corporate deals are the real reason to believe in these guys.

Of course, I'm holding 50 shares at the IPO price, so I'm a little biased. I think I'm going to keep at least half of those, even through the expiration of the lockup period. Maybe all of them, as my mood swings....

Dick



To: Don Green who wrote (189)12/3/1999 3:08:00 PM
From: WallStreetTips  Read Replies (1) | Respond to of 838
 
ASKJ >>> Near term target $90 - $105

I sold all ASKJ holding after finding out that the initial 6 month lock up ends pretty soon. Also early lifting of lockup restrictions on 1.5 Mill shares on 7th makes me wonder of why that is done. It is quiet unusual move and makes me judge that Morgan Stanley Dean Witter (Lead Manager to Issue) feels the stock is fully priced. They might want to take their hefty profits before rest of the management gets to sell later. I decided to sell and stay until clouds clear out. I started buying around $115 and then today in just 2 days the stock saw $144. I will be buying back once I see ASKJ at attractive buying levels. I still have my bullish views on ASKJ with Strong Buy for long term.

Just my views.