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Technology Stocks : Netscape -- Giant Killer or Flash in the Pan?

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To: TLindt who wrote (1835)1/3/1998 5:42:00 PM
From: Larry S.  Read Replies (1) of 4903
 
Chart looks terrible, earnings shortfall predicted, no january bounce yet, being killed my msft - yes, i bought nscp on friday. some at 24 7/8 when it opened and looked like it was going to run, and more at 23.50 at end of day. thing FA on this stock is compelling, even though TA stinks. Think that the fact that this company has large increase in revenue, has earnings, has a major opening to re-establish itself in the browser war are compelling reasons to buy the stock. I have both Nscp and IE on my computer, and much prefer to use NSCP browser. Yes, MSFT is an awesome company, but think they are in major trouble on this browser issue. Can conceive of offering NSCP browser alongside its own on future OS to satisfy DOJ. I may be early on NSCP this time, but with the stock trading at its low of last few years, think it is a buy for trading and investing. Larry
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