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: Winter who wrote (2153)	1/28/1998 12:07:00 PM
From: Stephen M. DeMoss	Read Replies (1) of 4903

I think you are making a big mistake shorting Nscp here. You refer to mistakes you made in the past, this may be a new one for the future. Short term it is hard to predict which way it will go, but the bounce to (currently) 165/8 and the rumor of a possible takeover/buyout, makes it very unwise being short here. I am not even selling calls short term because I want to see if any of these buyout rumours re-emerge. Seems to me that the report of yesterday shows everything I would want to hear about a company I own in terms of aggressively addressing problems. If Monday morning we hear Orcl is buying Nscp at 25+, it will hurt you badly. You thought it through but not well enough IMO. Steve D.

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