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

To: Tim Luke who wrote (3054)	3/15/1998 12:13:00 AM
From: kjude	Read Replies (1) \| Respond to of 9343

tim 17 then 15 ?? sounds pretty confident for an opinion. can i ask the basis of your prediction. are you counting on no news, bad news?? seek being the most undervalued of the searches you see it as being worth even less comparativley?? regards

To: Tim Luke who wrote (3054)	3/15/1998 2:39:00 AM
From: OObserver	Read Replies (1) \| Respond to of 9343

Tim, With all due respect, we will NOT see 15 any time soon. The fact remains this stock is still a value play and will only be more so as they sign deal after deal. The fact remains that they are still very undervalued relative to Yahoo, Excite and Lycos. And until SEEK tops 30-35, it will remain very undervalued. Check out the chart on Excite and the one on SEEK....they are extremely similar. And speaking of value, as I posted on the Yahoo board, AOL and DELL have astronomical P/E's...and these stocks are MUST HAVE's in many mutual funds. AOL's p/e is 475 for God sake!! And Dell's is over 100. And yet these stocks keep going up. And yes, I am fully aware that SEEK has not earned any money....YET. But real valuation is not always a reason a stock goes up. Many times it's perception of real value. Or future value. That, in part, is what's driving SEEK. And in my humble opinion, will continue to do so. And the many new deals coming will help as well! I'm not trying to be combative, just speaking some thoughts. I am long SEEK and will continue to be so. We will see 30 before we ever see 15. Just my nickles worth. OO