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

To: Tom Trivett who wrote (8020)	10/30/1998 5:43:00 PM
From: Rommy B.	Read Replies (2) \| Respond to of 9343

Since SEEK couldn't close above 30, I also think there is a high chance it will go lower next week. Historically, when SEEK couldn't hold its head above 30, the next support level was at the low 20's or high teens. With the low earnings and bad webpage hits, SEEK seems to have a long road ahead of it. It may prove a good long-term buy, but I think it will see 18 before it sees 50. Also, since SEEK disapointed this quarter traders may not be so easy to forgive, especially when YHOO performed much better in comparison. SEEK's anouncment basically reinforced its second tier status and until it can show otherwise it will probably be going nowhere fast. Of coures, market trends and the other internets will also have their effect on the price movement. My two cents, Rommy