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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?


To: MR. PANAMA (I am a PLAYER) who wrote (10373)6/22/1998 5:24:00 PM
From: J.S.  Respond to of 13594
 
Here is today's irresponsible internet article award winner

biz.yahoo.com

They claim that
1. internet stocks are up because the Disney/Infoseek deal put
a floor on prices.

WHAT?? Most everyone values that deal between 7 and 25 per
SEEK share. SEEK has been down, including today, since the terms
were announced and looks quite weak.

2. Shorts have covered because they are no longer able to
sustain valuation arguments against these companies.

Keith Benjamin of BARS leads the list of analyst quoted here.

Joe

P.S. Bateman -- what conspiracy are you talkin' bout now?

"Pigs get Slaughtered" --S.