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

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To: TLindt who wrote (1864)1/5/1998 9:28:00 AM
From: Kal  Read Replies (2) of 4903
 
09:22 ET Netscape (NSCP) 23 3/8: --UPDATE-- Morgan Stanley downgrades
from "strong buy" to "outperform" and lowers its FY97 earnings forecast from $0.45
to $0.04 a share, and FY98 estimate from $0.90 to $0.06 a share. This is the same
analyst whom last week said the company would likely miss its qtr, yet she refused to
downgrade the stk or reduce estimates. Wouldn't want to upset anyone, now would

from briefing.com
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