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

To: OtherChap who wrote (2008)	1/29/1998 12:57:00 AM
From: Schiz	Respond to of 9343

here's the near-term future, guaranteed. SEEK doesnt give a rats ass about the public shareholders. someone previously stated that the CFO "doesnt care about the stock price" I thought it was more like the cfo wasn't concerned about the stock price. I'm not sure though, I looked for the post but couldn't find it. It's also second hand information so it may not be 100% correct(some people may interpret someone basically saying no-comment to mean I'm not concerned or I don't care) obviously they have no big "deals" in the works or they wouldnt have to raise cash by selling shares. BTW- what kind of idiot runs the PR department? Why did they issue a press release about those 3 million shares? Why didn't they just file the SEC forms quietly like everyone else does? Are they TRYING to scare away investors? Maybe they're going fishing. If they dump the shares on the open market that would obviously be bad for the short term stock price. This could create a good buying opportunity though. I guess it kinda depends on how much faith you have in management. I'd say they are pretty damn good if they can sit on their duffs and increase revenues by 50% and page views by 25% in just 3 months. Perhaps there is a company that is willing to pay 30MM or so for a 10% stake in SEEK.