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


To: Stephen who wrote (9129)6/3/1999 2:30:00 PM
From: Blade Runner  Read Replies (1) | Respond to of 9343
 
Right now I think that two major things are having an effect on Seek. One is that since Disney has a large stake in Seek that the stock is effected by what happens to Disney. With Disney earnings down last quarter, this stock also went down, I think that was expected. Second, the whole internet sector of the market is down and the interest from institutions right now is with Blue Chip stocks. The drop you see in Seeks stock price are all due to these external factors and not from the opertional aspects of Seek. As a matter of fact, Seek is building an excellent search engine and is continuing to improve on their product weekly. I think the pay off will come when users find how good the site really is. I would look at this as a time to buy the stock at great prices. It is a strong company and has a bright future in front of it.