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


To: TokyoMex who wrote (2927)3/11/1998 6:38:00 PM
From: jay v. harper  Read Replies (1) | Respond to of 9343
 
But for now, it's the valuation argument which perhaps makes the most sense from an acquisition angle. With a market capitalization now hovering in the $450-$500 million range as compared with Yahoo!'s $3 billion plus market cap, Infoseek could be considered downright cheap. So what does Mr. Motro think of that?

He wants no part of it. If he's ready to talk, he's got three things to say. "Infoseek is building a brand name, it's making its sites consumer friendly, and it's concentrating on generating ad sales and driving traffic to its site." Beyond that, he's got one last piece of advice. We're all ears.

"Go to Infoseek and type in F-O-R-D." Ford? "Yep, then do the same on Yahoo. If I'm doing my job right, and I've got the best management team in the world by the way, you're going to like what you see. That's all I have to say."



To: TokyoMex who wrote (2927)3/11/1998 6:47:00 PM
From: Stephen  Read Replies (2) | Respond to of 9343
 
I would be very wary about afterhours trading - this is usually a reflection based on low volumes and a relatively few trades. Still, better to be up than down !. Given SEEKS current level it maybe worthwhile to check out the action on other related stocks (personally I like Yhoo, Xcit and Cnwk as indicators), as I'm not sure SEEK can buck the overall internet trend quite so easily now..... and that trend is still showing a downward bias. I realise that writing about trends after a couple of sessions is ridiculous ... but thats the way it is with these stocks !. It is important that the stock hold up and trade in a range to establish a new base, but I suspect that tomorrow will be volatile again, ruling that one out ! Good trading/investing !