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


To: joshi who wrote (991)10/23/1997 5:40:00 PM
From: stockaholic  Read Replies (1) | Respond to of 9343
 
hmmmmmmm............ they did OK and I think they are building momentum ..... ditto the " major deals " needed for explosive run up.



To: joshi who wrote (991)10/23/1997 5:42:00 PM
From: Jeff Tribble  Read Replies (3) | Respond to of 9343
 
Face it folks, the numbers are pitiful. Revenue only grew 7% from last qtr, they lose $4.5mil on $8.3mil revenues, their new site is a joke compared to Yahoo's site and the President is ignorant enough to claim he's implementing the same business model used at Microsoft. What a moron, exactly what product does infoseek hold that commands 90% of the market they participate in? There are 4 companies in Infoseek's group: Yahoo, Excite, Lycos & Infoseek. Based upon revenues Infoseek ranks DEAD LAST. They copy other sites and claim innovation. In closing, I own this dog below $10 and will be unloading tomorrow hopefully at break-even, I suggest you folks do the same. Unless, of course, you like owning a money losing company that ranks DEAD LAST among it's peers.

Good Luck