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Technology Stocks : MSFT Internet Explorer vs. NSCP Navigator
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To: Bill Harmond who wrote (325)7/18/1996 7:39:00 PM
From: Jim McDonald   of 24154
 
William,
Did you buy back at under 50 as you said you would? Sorry, my morbid curiosity got the best of me. ":>)

What's your theory on these wild swings? Seems like several Internet stocks have behaved similar to NSCP the past few weeks. My take is that the market knows that the Internet is a big part of the future regardless of the jitters and nay sayers. When prices get low, the market sweeps in and goes on a buying binge driving it right back up faster than it came down. The bottom line is that there is perceived value in the Internet. So much so that the P/E and other traditional measuring devices are left in the dust while the Internet just grows. And now with the emerging security issues being addressed, Boy Howdy!

Anyway, it was a great few days! There are no doubt more swings coming.
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