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

To: cm who wrote (7525)	8/13/1998 12:39:00 AM
From: SkyDart	Read Replies (1) \| Respond to of 9343

cm, Nice to see your posts again. Am looking forward to your thoughtful and insightful commentary as this rocket flies to the moon. All seems to be in place. A nice breakaway gap up this morning signalling the new move, and a thrust today on quadruple the usual volume. We've seen SEEK go through this cycle many times before, and it is as predictable as clockwork. The up cycles usually take at least 4 to 10 days, often with steadily increasing volume culminating in the 20 to 30 million range. With an MACD buy signal and a rebounding oversold market, IMO we could easily establish new highs into the 50's or 60's with this move. Of course SEEK is a good long term hold, but I sure enjoy the vodoo of TLindt for short term entry and exit. Hope for another gap up tomorrow. GO SEEK!!! Jeff

To: cm who wrote (7525)	8/13/1998 1:54:00 AM
From: cm	Read Replies (1) \| Respond to of 9343

Fairly Interesting Article About SEEK and Starwave Transition... (This from MSNBC, a neglected (on my part) site...By the way, Beth Haggerty ain't no slouch.) Starwave ad exec cedes to Infoseek Richard LeFurgy will step down; Beth Haggerty takes sales By Jane Weaver MSNBCAug 12 -In what could be considered the first management fallout since Walt Disney Co. made its complex investment in Infoseek, advertising and marketing responsibilities for Starwave Corp.'s ESPN/ABC News Internet Ventures are being shifted to an executive at the search-engine company, MSNBC has learned. ÿÿ ÿ THE MOVE COMES as Richard LeFurgy, the highly regarded executive vice president of ad sales for ESPN/ABC, is leaving the company. Infoseek vice president of worldwide sales Beth Haggerty will head up sales for all of Starwave's properties, including ESPN/SportsZone, NBA.com, NFL.com ABCNews.com and the celebrity gossip site Mr. Showbiz. Disney vice president Scott Schiller remains head of Disney Online's advertising and sponsorship sales. ÿ ÿ ÿ ÿStarwave was bought by Disney for a reported $350 million over the last year from Paul Allen, co-founder of Microsoft. In a complex deal announced this June, Disney then traded ownership of Starwave (plus $70 million in cash) to Infoseek for a 43 percent stake in the third largest search directory. That deal is expected to be finalized in October. ÿ ÿ ÿ ÿInformed sources characterize the restructuring as part of a power struggle between executives at the Sunnyvale, Calif.-based search engine and the Starwave team in Bellevue, Wash. In this instance, Infoseek is being seen as the stronger brand online, despite Starwave's yearlong association with Disney. ÿ ÿ ÿ ÿA Disney spokesperson declined to comment on any further restructuring in the works, saying the companies are still in "a transitional phase." ÿ ÿ ÿ ÿLeFurgy's plans are undecided, although he says he will remain in interactive advertising, either on the publishing or agency side, or "as the CEO of a new media startup." In 1995, LeFurgy helped establish the sales division of Starwave Corp.'s properties, bringing in major consumer advertisers like Levi's, Gatorade and Toyota. ÿ ÿ ÿ ÿLeFurgy is also chairman of the industry's Internet Advertising Bureau trade group, and will retain that post.