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

To: purecntry5 who wrote (5596)	5/4/1998 4:52:00 PM
From: TFF	Read Replies (1) \| Respond to of 9343

I would only short if the sector turned negative. That definitely hasn't happened. WHen a bank merger is announced what happens? that's right.. the rest of the sector gets bid up on anticipation of MORE mergers!

To: purecntry5 who wrote (5596)	5/4/1998 4:54:00 PM
From: Sowbug	Respond to of 9343

You probably have more resolve than your average short. Shorting tech stocks is a nervous business, so those who have been sweating since last week when SEEK went from $28 to $34 after the momentum had supposedly run out will probably be grateful to cover at $31. I wish you luck, but not at my expense.

To: purecntry5 who wrote (5596)	5/4/1998 4:55:00 PM
From: Kulnor	Read Replies (1) \| Respond to of 9343

Without an announcement very soon, I believe seek will drop to the $28 -$29 tomorrow morning and will probably go through that support level. If I was short on this one, I wouldn't cover before that. Too bad I'm long (but still hope I'm wrong) P2