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

To: B-MAN who wrote (4111)	4/17/1998 12:22:00 PM
From: Anaxagoras	Read Replies (1) \| Respond to of 9343

<<XCIT down nearly twice as much as SEEK>> Not in % terms, which is all that matters. How many folks you think are gonna want to hold this over the weekend? Not me. I would expect a rise from where we are now in the early afternoon as folks get back from lunch, and then weakness on the close. However, don't expect a huge move down from here as the institutions aren't gonna give up here without a fight. That's me wee little take right now... Anaxagoras

To: B-MAN who wrote (4111)	4/17/1998 12:47:00 PM
From: saber hormi	Read Replies (1) \| Respond to of 9343

>>XCIT down nearly twice as much as SEEK. Overall, I think we're holding up pretty well considering mkt influences (options, FRI, profitaking). So far, it seems institutions are sticking w/SEEK. Maybe THEY know something about earnings that we don't... B>> that's what I'm talking about. A lot of long don't even know how to compare stocks in the same industry. This might sound unbelievable but a lot of people are buying SEEK thinking is cheaper than all other search-engins. You need to look at the market cap of SEEK at this price not points. There is a lot more selling in SEEK than XCIT today 11 M to 2M , I know XCIT has 15 M shares outstanding compare to 28 for SEEK, but still about 3 to 1. People are dumping SEEK because you have to be insane to hold after today's market reaction to the good earnings from XCIT