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Technology Stocks : How high will Microsoft fly?
MSFT 474.82-0.8%3:59 PM EST

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To: Kevin Podsiadlik who wrote (10359)8/27/1998 5:33:00 PM
From: Daniel Schuh   of 74651
 
But that is just the legalese. The practical matter is that Netscape lulled Joe Consumer into thinking upgrades for Navigator were free, and made no effort at all to collect payment for them. And that was their undoing.

Hobgoblin alert. Microphile in chief Reginald Middleton's latest line on this was that Netscape's problem was they didn't start giving it away soon enough. They had no business showing a profit, as I recall. I think that's right, I've always had a little problem with the ever shifting context of the Mind of Reg(TM). Other analysts have taken that line too, I believe. Me, I mostly hold with the Paul Maritz explanation, Occam's razor and all that. Of course, he's just a junior executive, nothing in the eyes of Bill and secret #2 J. Allard.

Cheers, Dan.
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