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

To: TLindt who wrote (1090)	10/27/1997 7:50:00 PM
From: SHGLaw	Read Replies (1) \| Respond to of 9343

Don't agree that semi's will lead the turnaround. There will be an initial flight to oversold blue chips, that will filter down in a day or two. But the tech sector, both hard and soft, will lag until there's a reason to dismiss the loss of eastern markets or believe that the growth will continue there or elsewhere. But there is another interesting point: Check the volume today, and you'll see that it just wasn't there for most stocks. The market swallowed up all that money without any huge panic selling, under the circumstances. Given this, there could be a fairly surprising bounce caused by bottom fishing the minute (second?) somebody smells that the time is right. This will be hard to time, if you're inclined to try it. As for me, it's always painful to see what you thought was yours gone in a flash, even though it was never yours at all. Nonetheless, we've been through this before and survived.

To: TLindt who wrote (1090)	10/28/1997 2:57:00 AM
From: Bruce Cullen	Read Replies (1) \| Respond to of 9343

We think it interesting to note that while October 27's spookfest seemed to be haphazard, these three very diverse indices each ended the day about 13% off its 52-week high. Talk about invisible hand and market theory. Within the Internet arena those that ran the highest were first to find frothiness lopped off. The search engine and navigation companies, Yahoo (NASDAQ:YHOO - news) , Lycos (NASDAQ:LCOS - news) , Excite (XCIT), Infoseek (NASDAQ:SEEK - news) all lost between 16% to 24% in yesterday's session. Firewall software maker Raptor (NASDAQ:RAPT - news) fell more than 20% while rival Check Point Software (NASDAQ:CHKPF - news) only dropped 4% as Wall Street quickly found its focus on market share and leadership. Security software contender Trusted Info Systems (NASDAQ:TISX - news) posted a small profit -- $30,000 -- not counting its $1 million gain by selling its CyberCash (NASDAQ:CYCH - news) shares. Even with the plus side, TISX got caught in the general market down blast and ended October 27 off 7%. Least scathed in ISDEX was Individual (NASDAQ:INDV - news) which has been humming along lean and mean ever since its botched deal to acquire Freeloader and the subsequent and ongoing effort to revive its stock since then. Similarly, other stocks that haven't had too much future value (or present value by our reckoning) factored in gave up less than 6% or 7% since investors play them closer to present performance or out of sheer ignorance of their fundamental business position. For the lesson as the seasons change may be simply that the one constant is that the world's largest technology, communication, entertainment, commerce and financial companies -- industries worth hundreds of billions of dollars, yen or marks, are deploying and continue to roll out Internet-based offerings at a record pace. When the dust settles in Hong Kong, London, New York, and it may take a few weeks to do so, more than 50-million people will still be using the Internet, billions of emails will continue to float through the ether every day, and the other 95% of the world that's never logged on awaits to do just that. ________________________*************_________________________________ Go Figure!

To: TLindt who wrote (1090)	10/28/1997 1:46:00 PM
From: RLM	Respond to of 9343

T, I have SUNW and SEEK right now. I had a business meeting today and regretted it. I was looking at RAPT. I still like SEEK, would have bought more in the 7 area, ALOT more. I don't know much about INTU. I am also looking at XCIT. But right now I am looking for stocks with low PE that have had good earnings this quarter that have been hit hard. This is why I like RAPT. I was right it went from 10 to 16. Missed my opp. I have held all of my stock througout. SUNW has a low PE and held very well before Monday. I just wish that I was a little more liquid for this.