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


To: RLM who wrote (5008)4/24/1998 2:27:00 PM
From: James Sinclair  Respond to of 9343
 
NEW YORK, Apr. 24 (Standard & Poor's) - Infoseek Corp (SEEK) posted a loss of $0.05 per share in the first quarter versus a loss of $0.16 per share one year earlier on a share revenue rise.

CS First Boston raised estimates and maintained its hold recommendation.

Analysts Alan Braverman and Jennifer Klein told their salesforce that the company's loss was narrower than their $0.12 loss estimate. They said increased growth and operating efficiency indicate SEEK's potential positive turnaround.

The analysts narrowed their $0.18 1998 loss estimate to a $0.13 loss and raised their $0.26 1999 earnings estimate to $0.28 per share to reflect their expectation of continued growth.

However, with 25% of page views in quarter derived from Netscape Communications (NSCP), they believe that Netscape still plays important role in the success of Infoseek.

The analysts maintain their hold recommendation on Infoseek in light of uncertainty of its negotiations with Netscape.



To: RLM who wrote (5008)4/24/1998 2:31:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 9343
 
RLM

you can get out
close the calls and then
and dump your stock...

however, isnt the reasoning the same now for why you sold your covered calls...making money if the stock went down...

the market is nasty here...

but believe it or not..there are some good indicators showing that we will go back up on the SPX to 1130....part of that is money flow -however cant get a read on this afternoons action :-(((((((((( until Monday

FYI
the 5 day cumulative trin called this downturn today IN THE MARKET..not the stock
you might want to follow it

under 4 and it is a SELL