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


To: Anaxagoras who wrote (8176)11/11/1998 1:39:00 PM
From: Anaxagoras  Read Replies (1) | Respond to of 9343
 
Here's a passing reference to SEEK from Briefing.com. I mostly include it because of the valuation metric used to think about these what-cha-ma-call-'ems, basically a variation on the more typical subscriber based metric more frequently used for things like AOL.

Anaxagoras

<<13:11 ET go2net Inc (GNET) 27 9/16 -7/16 (-2%): Needham & Company continues to be bullish on issue, despite stock approaching firm's $32 price target; says GNET has built a formidable portal site and user aggregation network that will soon rival the capabilities of its better known competitors; says stock currently valued at $49 per unique user vs $615 for Yahoo! and an average of $121 for Excite, InfoSeek and Lycos; although firm is not raising its price target, it notes that applying the same price per unique user sported by InfoSeek would yield a price target of $70.>>