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

To: SHGLaw who wrote (4161)	4/17/1998 4:48:00 PM
From: Craig Rogers	Read Replies (1) \| Respond to of 9343

SHGLaw: Well said. This pull back had to happen, since it's Friday. Today we have a lot of buyers ready to come back in next week. It's all the shorts who think they won today. Yes I sold today but I also bought half back near the bottom. Earnings out next Thursday, it will run up, as Swarzenegger says " I'll be back". Craig

To: SHGLaw who wrote (4161)	4/17/1998 5:21:00 PM
From: cm	Read Replies (2) \| Respond to of 9343

Here, Here, Law... You've Got It Right... First, Gene and Tom, thanks so much for your very kind responses. I feel extra blessed. About now, one starts hearing that the world is coming to an end. Oh, for the retail buyer in at 45, sorry about that. That doesn't feel good. Today. But, a year from now--does anybody still think about a year from now?--will 45 look like a sucker play, the pump before the dump? Hell, no. Take a step back. Get out if you must, especially if you were hoping for a quick kill. But, remember recent history about getting out. I look at YHOO. YHOO was running fast and furious almost to two days before earnings release. Then, there was a strong (or relatively strong) sell-off 'cause folks got to sweating (IMHO) whether earnings numbers would be really surprising or not. (Actually, that's me constructing a story out of scant evidence. Who knows?) The numbers WERE surprising. Zip back up to $120+. SEEK isn't YHOO, of course. But, high-traffic search engines ARE positioned best to benefit from the coming boom in e-commerce. And the cycle of revenue-sharing payoffs (thus creating rather wonderful upside surprises in earnings--stuff that will baffle analysts (XCIT's got a leg up here)--is just in its infancy. SEEK has now added a significant "online community." More eyeballs. More folks lingering at the site. Better value for advertisers. More exposure to advertising messages. And the WBS deal was a steal, dirt cheap. So, make your call. Play long. And you'll see SEEK in the 60's and 70's easily within a year. Not a bad pay-off. Or move on. There are LOTS of opportunities out there. But, I can't imagine any greater opportunities than those associated with or directly participating in e-commerce. If you're lucky, once in a lifetime you get to play on the side of a new business paradigm and tremendous economic infrastructure shift. (Pardon me for using the word "paradigm": it makes me barf, but it does communicate.) And, folks this is that chance. So, SEEK or no, at least take a look at the fuller e-commerce picture. Plenty of fodder for every stripe of investor: day traders, SOES bandits, shorters, LONGfellows, options players. Best Regards To All True SEEKers, c m