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

To: Smart Investor who wrote (4123)	4/17/1998 1:38:00 PM
From: Rudy	Read Replies (2) \| Respond to of 9343

>The big guys have made money already and ready to dump the bag to small guys.< I think what you say happens in the late cycle of the big picture. I think we will have a short term pullback but longer term (next 12 months) look really good to me. Smart money cannot and would not move in and out that fast as you envision. They have too big of positions to move around that fast and short-term tax issues also affect their decisions. So they are slower than us individuals but lot smarter!!! Like now, they are slowly and quietly buying Oil Sector when most individuals are dealing with Internet craze. I think smart money is also moving to quality Internet stocks but they are also uncovered by us individuals. So on the up road they will try to shake individuals and weak hands. You can use this to your advantage if you can be disciplined, cool, and careful. Buy at dips ride the tides. In a 100% rise one can make 1000% only going long. However hard that is, it is not impossible. For most individuals out there who does not have day to day time to watch their stocks, I think a long term strategy is the best. If you believe that SEEK will deliver then stick with it. A year from now you would look back and laugh at the postings when SEEK was peddling around 38-40. Never jump in stocks after they are extended 10 or more % from their base patterns or breakouts. Buy into weakness and cut losses quick. Talked too much, good luck all.