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

To: tonto who wrote (8555)	12/15/1998 9:58:00 PM
From: cgraham	Respond to of 9343

"Web portal company Infoseek (Nasdaq: SEEK) ran ahead $6 1/32 to $47 7/32 after Merrill Lynch upgraded its near-term rating on the company to "accumulate" from "neutral." The Fool chatted with CEO Harry Motro this summer. " P.S. May the volume rock on! Makes for safer trades

To: tonto who wrote (8555)	12/15/1998 10:21:00 PM
From: Mike Kwon	Read Replies (2) \| Respond to of 9343

Tonto: Losses? SEEK has losses? Who doesn't? Theres only a handful of net stocks that are profitable right now and even those profits are miniscule when compared to it's market cap. Even Yahoo's profits are nothing. But the biggest argument has to be AMZN. They are still unprofitable and do not expect profits for awhile. Still the valuation keeps rising. It's about marketshare. If Go Network is rated #1 by mediametrix then SEEK will be valued in the YHOO levels. Profits are good but not necassary for these absurd net valuations.