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: Yiota who wrote (2204)	1/31/1998 10:06:00 PM
From: Stephen M. DeMoss	of 4903

Thanks for your reply! If you have access to IBD, read an article in there for this coming Monday on NSCP. It implys that the management made a wise decision leaving Java adaptation/production to others to produce. They plan to continue with the program but have seen the light that other benefiting companies can do this part for them. IBD implied that this is part of Nscp's plan to right the known present wrongs. It also put forth the layoffs as healthy and wise in terms of returning to profibility. You should check it out. I am undecided about buying more. If I bought here, my average cost would be 20. I could see the stock retracing if selling comes into the market next week, but it is too early for this prominent company to decline to the 6-9 level Leo suggests (IMHO). Once I owned Cyrx (a distant second to Intel), bought after a selloff to the 19 level, saw it retrace to 12. I sold around there because of panic, only to see it move up to 30 in 3 months. I never will panic like that again but also do not want to be overloaded so I am forced to sell. Have a great weekend! Steve D.

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