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

To: Smart Investor who wrote (8975)1/28/1999 6:10:00 PM
From: Frank P. Pearson  Read Replies (1) | Respond to of 9343
 
I disagree and hope that your are wrong. The losses were expected and in fact they beat estimates by 5cents. Percentage-wise this is a huge surprise. Their future losses are all at the expense of improving their business model. GO is all over the TV now and will reap great revenue generated from this advertising.



To: Smart Investor who wrote (8975)1/29/1999 5:53:00 AM
From: tonto  Respond to of 9343
 
SEEK loss came in as no surprise. The sector continues to have strong support and information regarding increased losses and a soft increase in revenues for the next quarter will not affect the stock negatively.
We all know the company shall lose money for years.

The decrease in hits is a concern. They have explained why, so we should be able to expect the hits to increase. I am watching the hits this quarter.

Good luck.


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