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


To: Ashley Campbell who wrote (8896)1/20/1999 5:05:00 PM
From: tonto  Read Replies (1) | Respond to of 9343
 
Today's action was not a surprise. Greenspan's comments were as expected. If we follow the previous patterns, we will see continued nervousness in the market for several days, then our short term retention spans come into play, and we go forward once again...

techstocks.com

Well that was a rather ugly close...anyone care to hazzard a guess on where we go from here?



To: Ashley Campbell who wrote (8896)1/20/1999 5:48:00 PM
From: zalesky  Read Replies (3) | Respond to of 9343
 
To AC: Looks like short term we could retest a very
short term bottom of 62 bucks we saw about 4 days
ago. After that chart shows good resistance in the
mid to upper 50s. When I bought in to this issue
I knew I was buying at the upper end of the trading
pattern and taking a chance. Thank goodness I only
put in half of what I eventually wanted to invest
in this company. I think we'll see a little more on
the downside tomorrow with some buying in the
afternoon buoyed by the after the Bell IBM and
Excite earnings. Added to this is Seek's earnings
themselves set for release on Monday and AOL's
on Wednesday. Microsoft or another suitor should
make a bid for LCOS any day now which will once
again set the entire second tier internet group
on fire and take even more internet shares off
the market. Good Luck and Don't get spooked out
of these shares!!!!