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


To: Olu Emuleomo who wrote (4262)4/18/1998 9:19:00 PM
From: Mark Smith  Read Replies (1) | Respond to of 9343
 
This isn't hype, but the Net is about limitless potential. SEEK is the least expensive, and if the price slips people will buy back in. Don't forget we are in a bull market, and the fund guys need to put cash somewhere. It is that simple.

The Barron's article is opportunistic hype, and they are wrong most of the time. Why didn't they publish this article a few days ago when the stocks were heading up. They are just using Friday's weakness to ride a wave. Journalists are up there with lawyers for being self serving.

If you sell on Monday morning, be prepared to buy back at a higher price. Do you really think that this is the end of the internet? Because, that is the only way SEEK will ever see low 20s again.

SEEK at 55 by earnings.