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


To: kgreen who wrote (5100)4/26/1998 9:01:00 AM
From: Ron Morse  Respond to of 9343
 
Kath,

Your links worked fine, I am also a TSC subscriber. I believe SEEK will be extremely volatile in the next months and possibly years. But sooner or later it will trade on fundamentals. The question is what will that value be. A lot of that future growth is already priced in and then some. My point being there is a lot more downside than there is upside to this stock. If interest rates rise and the market tanks, next week, next month, next year, overvalued stocks will get killed, no matter what the story. Greed and Fear drive the market as I am sure you know. Fear drives stocks down a lot faster than greed drives them up.

Ron