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

To: Tim Luke who wrote (3100)	3/16/1998 3:39:00 PM
From: SHGLaw	Read Replies (3) \| Respond to of 9343

You missed one: Lcos -5/8. Kinda spoils the theory, no? Also, take a look at the percentage gains in the past two weeks, and you find that seek outgained everybody else, so there's no profit taking there. There's no question but that seek has been the laggard in the bunch (going back to my failure of management thesis), but I do not find this basing to be either surprising or problematic. And I too could be very wrong. And look at xcit and tell me I was a genius to take my profit at 20, which was, oh, 30 points ago. And once you have missed the run, there's never a good point to get back in since it pains you to buy back at more than you sold. Very tough choices, but unless you are a day trader, you have to hold or be ready to miss the boat.

To: Tim Luke who wrote (3100)	3/17/1998 12:32:00 AM
From: Tom Klempay	Read Replies (1) \| Respond to of 9343

Not to argue the point, but one day does not mean a hill of beans to most of us. Last week, there were several days where SEEK outperformed yhoo and xcit by healthy gains (in point terms and percentage-wise) and the results were posted here. In fact, there was a day last week that the dow was down quite a bit and SEEK managed a gain while the others were down. For a single day, however, your theory was correct. Here's my recap of SEEK during the last month: In one month, SEEK has gone from 13 1/2 to 19, a gain of 42%. Over 50+ million shares have been traded from in the last month (conversely, only 18+ million shares traded between 1/13-2/16). Deals with Microsoft Expedia and REALTOR.com have been announced. Positive reports have been made in numerous articles, from Forbes to the Internet Stock Report to MSNBC to the monthly Search Engine Report. Oh yeah, don't forget those little buyout rumors. So, IMO, to say that SEEK has risen for no significant reason is just not true. Unless some type of market blip occurs, I just don't see SEEK pulling back to where it was. Sure, pullbacks and profit-taking are bound to occur, but that's just part of the game. Best regards and GO SEEK!!!!!! -tk ps. Now, after having said all that, if my luck holds true to form, you'll see SEEK at 15 <g>. But, we'll also see it at 23 again before too long.