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Technology Stocks : Netscape** what should be the price?**

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To: hoyasaxa who wrote (53)10/16/1996 1:57:00 PM
From: Scott Simpson   of 140
 
Netscape has been down for two days on news which should have it moving in the opposite direction, in a big way. Although market bias during this period has also been negative, news on forward stategy coupled with return on investment findings should have the stock at fifty regardless of the overall market.

The only news that is going to move this stock is big time earnings growth(or lack of it). If Netscape hits the number or exceeds by a penny or two the stock price will get hit hard. Given J.Barksdale's recent comments on exceeding even the most ambitious estimates there is reason for hope, but it does not look like many on the street are buying it.

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