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Technology Stocks : Netscape -- Giant Killer or Flash in the Pan?
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To: Yiota who wrote (2401)2/9/1998 11:57:00 PM
From: Larry S.   of 4903
 
Think NSCP is a buy right here. Retraced about half of the initial take-over jump. If anyone questions the value of internet sites and "eyeballs" look at what AOL did today. Granted it is a different franchise, but NSCP owns one of the most valuable assets on the web - they are the gatekeeper for 57% of the traffic on the web. And they are now just learning what to do with that asset. I think 26-30 is a reasonable target to expect once the bidding starts, and could escalate far beyond that if it gets contentious. Larry
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