To: Robert Pope who wrote (6037 ) 5/12/1998 3:11:00 PM From: cm Read Replies (2) | Respond to of 9343
The State Of SEEK... Short-Term Ain't My Game... * LCOS' games area is getting its infrastructure from Go2Net, the folks that just purchased our beloved SI. One might wonder if this is the beginning of a greater relationship... * We are in that choppy time between earnings reports. For long-term SEEK holders, this period may look rather familiar... new stock price, for sure... but possible drift and dip, drift and dip, little ups and little downs. I say this only as a point of historical reference. Granted, the price was different. And we hadn't stepped into the limelight yet. * But... IN THE ABSENCE OF MAJOR NEWS... would it not make sense for the stock to take a bit of a breather... and trade in a relatively narrow range? I'm watching volumes. * And I'm also watching the Market. To repeat from prior posts on other threads--and risk incurring wrath--this Market feels spongy. Yes, we are waiting for CPI and inflation indicators, etc. And, on the other hand, we are benefiting from Asian flight capital and have the strongest market on the globe. And each month record numbers of new monies flow into mutual funds. But, despite all the outwardly positive signs... I keep wondering. However, this will be my last post on this subject... because I'm not a Market direction picker or even passable at the short-term. * News I fondly hope to see from SEEK soon... * A NewsReal deal with an international media company. * A new channel sponsorship advertising deal. * An indication that SEEK is jumping with both feet into multimedia, via games or work with a company like RNWK. * Another WBS-style buy. (I wish SEEK would look here in Austin and buy DejaNews... but that's just an quirky desire. DejaNews is a good company.) That's all for today. Best Regards, c m