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: Jim Lou who wrote (1972)	1/16/1998 7:09:00 PM
From: Leo Francis	Read Replies (1) of 4903

One billion dollar market cap, or 2-2.5X projected 1998 REVENUES would give NSCP a stock price of $11. One billion market cap for a company which is currently not making money, and now projected to make only about .06 per share or 5.5 million in 1998 seems risky to sustain IMO. Even at 80 times 1998 projected earnings, you get a stock price well under $5. The stock will continue to fall until something significant fundamentally occurs. Right now, all NSCP has are declining revenues and losses. Good Trading, LF

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