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: TLindt who wrote (1728)	12/17/1997 9:44:00 AM
From: ahhaha	Read Replies (1) of 4903

You could get a spike up from short covering very soon maybe today who knows? Can't take an investment position yet even though I have a strong fundamental conviction about this company. The conviction is based upon subtleties that are occuring in their strategic position. Also, the water has been completely drained. Nonetheless you must be patient because the perception of these subtlties will take time to unfold. If you're trading you can get a move quickly to 30 but when you see it there, blow it out and stay out if it rises to 33. Have to wait for a pullback. Don't try to trade this from the short side regardless of your general market expectations.

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