Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Tom Trivett who wrote (8094)	11/5/1998 11:59:00 AM
From: Rommy B.	Respond to of 9343

I think YHOO going up 30 points helped SEEK alot. Also AMZN and AOL. But can it last? That's exactly what I'm wondering. I have a friend who bought YHOO today at 149 and I don't know if he made a brilliant move or if he will have to wait a few months before he sees a profit. I definitely think the market is over-valued, with stocks like KTEL at 13, SRCM at 15, etc. The question is when will the correction come, and who will come down with it. I am still resisting going long on any internet stock right now. I'd rather miss out than get burned.

To: Tom Trivett who wrote (8094)	11/5/1998 11:59:00 AM
From: Ted Shelton	Respond to of 9343

I think YHOO going up 30 points helped SEEK alot... I sure don't understand a YHOO market cap of $14 B and SEEK around $1 B... so I believe that there has to be a resolution -- one has to fall or the other has to rise... I really wonder why YHOO should be worth $14 B though.

To: Tom Trivett who wrote (8094)	11/5/1998 12:00:00 PM
From: RDR	Read Replies (2) \| Respond to of 9343

If you believe in the technical analysis stuff, the indicators suggest SEEK will go down (Equity Price moving and diverging from the Stochastic % D curve). Interesting to hear what Mr. Greeenspan has to say. Good Luck,