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

To: Olu Emuleomo who wrote (5885)	5/7/1998 12:34:00 PM
From: Sylvester	Respond to of 9343

Wow, I asked for an answer and got one. I'm still long in the short term. I was in at 22, out at 29, now I'm in at 31, and may pay some attention to your $35 high. All I said was up before down, and I still feel that way. thanks for the detail.

To: Olu Emuleomo who wrote (5885)	5/7/1998 12:50:00 PM
From: lee wang	Read Replies (1) \| Respond to of 9343

Your calculation is not complete. You calculated the prices but not the probability of stock going to these directions. After taken the probabilities into account, you may have 6-1 or 1-6. I hope you know what you are doing.

To: Olu Emuleomo who wrote (5885)	5/7/1998 2:14:00 PM
From: purecntry5	Read Replies (1) \| Respond to of 9343

Olu, What do you see as the next support? I have these "found" short shares and was wondering what kind of reasonable cover you are thinking of. TIA €á

To: Olu Emuleomo who wrote (5885)	5/8/1998 11:50:00 AM
From: Sylvester	Respond to of 9343

While seek is not having a great day, it's up over $1 on average DV, and it more or less held it's own during the NASDAQ correction days. I still say 38 before 24 but I'm out again at $36. No more teens for SEEK I'm afraid but I'll be able to buy it again at $28 in the near future. In fact, while I don't make a practice at shorting stocks (I always bet Don't Pass in Craps and usually win) I see the fall back after $36-38 to be significant because of a new round of profit taking a a period of no new news, combined with the anticipated market downturn. Still the short term is long IMO.