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

To: grasshopper who wrote (2676)	3/7/1998 1:18:00 PM
From: Schiz	Respond to of 9343

I haven't heard much about Time Warner recently. The rumor about them buying out seek was the biggest thing that powered the run to 14-1/2 last year. I agree that getting out now may be a big mistake. I really like seek for the long term and agree that problems in the tech industry won't immediately drag the net stocks down. However, if there is a major correction in the overall market, seek will not be immune. Back in october the search engines stocks got hit real bad. If seek is trading in the 18-19 range come april, I'll probably buy back the calls (assuming they haven't been excercised). SEEK is probably still somewhat undervalued compared to it's peers but not nearly as bad as it was. XCIT generates alot more revenue and LCOS is actually making money (arguably breaking even). It seems that seek is doing the right things as far as concentrating on brand recognition, advertising and getting sponsors and partners but there are definite risks involved. Just my $.02