Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Stockjet who wrote (3768)	4/16/1998 10:33:00 AM
From: OtherChap	Read Replies (2) \| Respond to of 9343

Seek is overpriced. With twice the shares of excite or lycos, it now has a larger market cap than both. The only reason it got this far is the simple gut reaction by the uninformed public that all the search engine stocks should have roughly an equal price, and therefore seek "had" to catch up to them. Whether or not they do this all the way to 70 where lycos and xcit are trading, I have no idea. However, at these prices the whole industry is setting itself up for a fall. I have never in my 15 years of trading seen a mania like this, except for Biotech. And we all know what happened then.