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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?

To: WTMHouston who wrote (10689)	4/15/1998 12:43:00 PM
From: Rudy	Read Replies (1) \| Respond to of 13456

Shorting SEEK at this time is quite courageous I should say. I has huge, I mean HUUUGEEE, volume. Lot's of buying pressure. Big guys are buying it. Tomorrow XCIT will report and I think they will beat expectations just like YHOO did. That could boost SEEK further. Then Friday they report. I am not sure if they will be able to beat expectations but after their latest purchase (a web community business) outlook will overcome any minor bad news. I would say we should see 35 by the end of this week just because of the simple fact that LCOS is trading at 70+. SEEK is not less than half of LCOS. It will be interesting to watch this.