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Technology Stocks : Worst stocks for '96

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To: Gary Walker who wrote (259)2/1/1996 11:13:00 PM
From: Fred W. Fletcher   of 312
 
I picked this up on update.wsj.com "Dow Jones" it looks like I've made two mistakes, not trading NSCP and now it looks like I've missed out on having something to sell them !!!
Netscape acquires Insoft.
> The $161 million price tag is a staggering 23 times InSoft's annual revenue of $7
> million. However, if Netscape's acquisition strategy works as planned, Netscape's
> browser software would be the standard for how people obtain audio and video
> information on the Internet. Currently Netscape's browser software is compatible
> with many competing technologies that don't work with each other.

Maybe this buyout made people nervous ?

There is more if you want to browse the article.
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