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

To: John F. Dowd who wrote (6168)	5/21/1998 7:13:00 PM
From: STK1	Respond to of 9343

Your right John And i believe that they will,ZAP is probably worth 3 times that 150 mil in cash,but who knows,I know I would take an offer like that on seek but we'd probably see around 43.and that would be real cheap,when we are worth closer to 52 after this year.

To: John F. Dowd who wrote (6168)	5/21/1998 7:26:00 PM
From: cm	Read Replies (1) \| Respond to of 9343

Again, At The Risk Of Repeating Myself... To assume there is ANY NECESSARY RELATIONSHIP between the offer for XCIT (BTW, even absurd offers have a way of buoying stocks) and SEEK's fall... is... well... odd. I mean, it's just as likely that SEEK fell because of El Nino or the fact that the Seinfeld finale was a bit of a let-down...which, come to think of it, seems plausible. As a SEEK LONG-holder--and someone who has profited mightily from my investment here--I am willing to concede the point that Steve Harmon made today in his column, "We still like SEEK, but need to see more in the way of e-commerce deals..." or words to this effect. But, in the absence of any evidence that relates a goofy offer for XCIT and SEEK's dip, I'll just go back to my nap now. I mean, sure, your THEORY is I suppose plausible... Oh, well, today the Market liked XCIT and didn't like SEEK... in any case, I hardly feel chastened by this development. Best Regards, c m

To: John F. Dowd who wrote (6168)	5/23/1998 8:10:00 PM
From: John F. Dowd	Read Replies (1) \| Respond to of 9343

To All: Did SEEK just have secondary or are they planning on one? I ask because of the following excerpt from Red Herring article: "lthough secondary offerings occur across all sectors, the fantastic speculative run of the Internet stocks this year has led to an unusually high number of offerings in that space alone. Just check out this further list of companies that just launched, or are about to launch, secondary offerings on the public markets: CDNow (CDNW), Star Telecom (STRX), Infoseek (SEEK), InterVu (ITVU), Earthlink Network (ELNK), and Mindspring (MSPG). And the list goes on and on." JFD