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

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To: Yiota who wrote (2169)1/29/1998 8:41:00 AM
From: Stephen M. DeMoss  Read Replies (1) of 4903
 
Why would you use the words 'today's action makes me skeptical'? To me today's action is very encouraging. Kramer on CNBC yesterday said "Im long but I dont know why. All I can hope for is a takeover", then he laughed. Being the skeptic that I can be, I started thinking he said what he said to get the stock to tank a bit so they could buy more. He started comparing Nscp to Novell etc. But as we saw, the stock did not give us much chance to get in. It rallied from 15-16.5 too quickly on heavy volume. I think someone(s), know something! We shall see. Steve D.
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