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


To: grasshopper who wrote (2608)3/5/1998 11:22:00 AM
From: SHGLaw  Read Replies (1) | Respond to of 9343
 
Hate to admit this, but seek is looking just like xcit did when it mounted its run. Went straight from 11 to 30 without any serious looking back, and then ran again to 40. The rest is history.

If the street is looking at seek as xcit lite, then it may well run far beyond reason and anybody selling will kick himself later.
JMO.

SHG



To: grasshopper who wrote (2608)3/5/1998 12:11:00 PM
From: Da Zipstah  Read Replies (2) | Respond to of 9343
 
Aloha Grasshopper!

SHG Law, T. Lindt et al have proven to be excellent contrarian indicators in the past. With the sentiment starting to shift, I'm getting a little more cautious. I've been selling the June 17.5 covered calls for 2 1/2 and intend to be entirely out of the rest of my long position when and if SEEK breaks 20. In my case, I kinda need da money. I just bought some land in Waimea, and will start building a house soon.

Aloha and happy investing,

Da Zipstah

Long 5,000 bought @ 5 7/16 ;)