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

To: Tim Luke who wrote (8344)12/8/1998 4:40:00 PM
From: Tom Klempay  Read Replies (1) | Respond to of 9343
 
About 3pm, I headed off to a meeting and saw that we had retreated back to around 40. I started thinking to myself, here we go again, nice runup and then bamm, back to where we started. What a great surprise to see SEEK finish so strongly on awesome volume.

Tim, I know you've got a great setup now with your hot Dell PC, fast internet access, and Level quotes. What did the action look like on your end? BTW, great thread you've started (I lurk there when I can).

Great SEEK to all...

-tk



To: Tim Luke who wrote (8344)12/8/1998 4:40:00 PM
From: Smart Investor  Read Replies (2) | Respond to of 9343
 
I predict that it will close lower tomorrow. It is just too easy to break the previous high. Normally, it takes a few sessions to do that. It is good morally that SEEK stop accepting porn advertising. However, where the extra revenue is going to come from to offset the loss of revenue ? The future earning picture is not good fro SEEK. I think the stock will come back down to 30 or below when people realize this.


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