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: James Young who wrote (2130)	1/27/1998 7:07:00 PM
From: Stephen M. DeMoss	of 4903

I too would be interested in knowing, I havent seen anything yet. My instincts are positive. I like the release. They did not blameshift the poor results, noted that they immediately began cutting the fat/unproductive parts of the business, and have a vision which will bring them to profitability in 1998. Those are definative statements and with the back drop of a possible offer from Orcl, Sunw, etc. and with the stock already so knocked down, I will be very suprised if the market makers start the stock below where it is now. All things being equal (clinton doesnt resign or blow it tonight - and asian markets I believe are closed, so no negative from there), I believe it will open (without knowing afterhours trading at this point) low to mid 17's and touch 18 at some point in the morning, retrace and slowly (over the next few days) make forward progress. I am encouraged. I do not remember, however, what the preannounced numbers were. Does anyone remember? Thanks and still long! Steve D.

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