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

To: joshi who wrote (8382)	12/9/1998 7:06:00 PM
From: Gone Bonkers	Read Replies (1) \| Respond to of 9343

According to yhoo thread a computer program sell dropped XCIT YHOO and SEEK on low volume over a 10 minute period. MM's dropped price to grab cheap shares and should open tomorrow at previous levels.

To: joshi who wrote (8382)	12/10/1998 6:48:00 AM
From: tonto	Read Replies (1) \| Respond to of 9343

People were selling and taking their profits. When a stock flies straight up, it has to come down. The question is to what level and then will it hold? SEEK has had a terrific run up. At some point it has to stop. The consensus is that SEEK at the earliest will not generate a profit until sometime in the year 2000. Next year the loss is forecasted to increase to over $1. The question is, will the daytraders hold on or take their profits and make another run after the impeachment vote? I believe many traders will close their positions because of the high uncertainty as to the affects of the vote, and will wait for the vote. Today should be interesting and it will be interesting to watch which direction it goes. Hard to know for sure...