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


To: TFF who wrote (4252)4/18/1998 3:57:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (2) | Respond to of 9343
 
irby

i want to know what you think now about this VC rumor

and have you seen it substantiated anywhere

and did you see how many shares were traded after hours that day???

and I am still on the hunt for the answer to this question+ are they governed by any kind of lock out period

I have to say if the VC's are getting out...then it should give XCIT shareholders reason to think about the current level of pricing as it coincides with earnings and forward statements
---------------------------
have an SEC question as I am not familiar with these rules

Someone told me that the 1.2 million shares that the "venture capitalists" wanted to sell
on XCIT after hours could have been sold before the close if it was because of
earnings...because they would have been able to see the earnings ahead of time and get
out before the close....

thus something "fishy" about the rumor..

BUT...if they had access to the information about earnings PRIOR to the
release...wouldnt they be governed by the insider trading rules..or something else at the
very least...



To: TFF who wrote (4252)4/18/1998 4:39:00 PM
From: Susan Saline  Read Replies (1) | Respond to of 9343
 
Charts

I find it amazing how they mirror each other.

Have been following both XCIT and SEEK intraday
XCIT intraday moves precede SEEK, by just a bit.
A clue to seeks movements...

Sue