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

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To: Stephen M. DeMoss who wrote (2198)1/31/1998 5:16:00 PM
From: Leo Francis  Read Replies (1) of 4903
 
Stephen, I think NSCP is overvalued, but not on the verge of going out of business in the short to medium term. Long term, who knows? But they are going to lose money for the next couple of Q's. And the outlook is uncertain as to when they will return to growth and profitability. For a rebound to happen, two things must occur. One, positive fundamental change. Two, a base of more realistic valuation from where to start from, i.e., $6-9.

Regarding options, I do not trade options, nor do I recommend them.

I'm also getting closer to announcing that 4-5 bagger I have been working on. My due diligence has taken longer than anticipated, but I believe it will be worth the wait.

Good Trading, LF
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