Netscape -- Giant Killer or Flash in the Pan? Message Board

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Technology Stocks : Netscape -- Giant Killer or Flash in the Pan?

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To: James Young who wrote (1815)	12/31/1997 2:39:00 PM
From: Dave L	Read Replies (2) of 4903

Here's the reference to the Morgan Stanley comment: biz.yahoo.com This reminds me of April 22, 1997. One day before NSCP released earnings a Volpe Brown Whelan analyst initiates coverage with UNDERPERFORM and a target price of around $21. The stock dropped to around $23.5 that day. The earnings met expectations the next day. If you look at the chart you will see that NSCP moved up from there to around $50 in the next few months. Actually analysts have never been sure of NSCP meeting their quarter, thats why the stock is were it is today. They always seem to pull a rabbit out of the hat - so far at least.

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