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


To: David L. who wrote (4884)4/23/1998 6:09:00 PM
From: Doo  Read Replies (1) | Respond to of 9343
 
I'm rooting for Packman, David L. 8 points would be just perfect for me to restart my Put collection. I agree the enthusiasm is waining, stocks actually making money are the new rotational targets, in my view. Not whiffing hits, and eyeballs, actually making money. However, I think the market in general may get in the way, as well. At least that's what most of my indicators are showing.

Who the heck knows? Just give me a gap and run so I can collect a big bag o' puts.



To: David L. who wrote (4884)4/23/1998 6:14:00 PM
From: STK1  Read Replies (2) | Respond to of 9343
 
David Please in all the infinate wisdom tell me how or why You believe this stock could ever trade at or near the levels it did, before an anticipated rise by a few that escalated into a full blown frenzie.it amazes me that people could see nearly 40 million shares turn and think that the short sellers are going to keep playing as the stock gradually or in this case jumps into a company that will break even next qtr.This stock will never be below the mid to high 20 again,Well ok never say never but I would not want to cover my but in the event it does'nt.Shorts and maybe your one of them I thought always hated companies that made money and were in the black.SEEK will leave most of the rest in the dust as the first major Search engine company to come even or better and will thus be treated as such by the street and by the Brokers as Merrill.Good Luck David