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


To: Robert Pope who wrote (6606)6/17/1998 9:40:00 PM
From: MR. PANAMA (I am a PLAYER)  Respond to of 9343
 
What the hell happened to the INKTOMI deal maybe thats why it did nothing today as the other engines roared...



To: Robert Pope who wrote (6606)6/17/1998 9:50:00 PM
From: Jorge  Read Replies (1) | Respond to of 9343
 
Robert...Just a few odds and ends to chew over:

1) On CNBC tonight about 6:30PM there was a piece on Infoseek...Jon Cohen had comments on takeover rumors, mentioning TWX and DIS...nothing new there.....Joe Kernan, a broker, got out the charts and began explaining the SEEK technical upswing...that's pretty obvious too....However,in my opinion, they wouldn't have spent this much time on SEEK if this is all just empty rumors. Why talk and highlight a "as-some-would-think-going-nowhere-company"?...Just to fill up air space, a filler, if you will...I don't think so.

2) The short-squeeze on SEEK ought to be like a major explosion in itself when the rumors give way to fact...Actually, I think if SEEK moves on up out of pure speculation there will be a fairly large short squeeze anyway as shorts get nervous.......The short coverage is OVER 3 MILLION SHARES!!!!!....Buckle up the seat belts tight, we're in for a RIDE......

Regards, George