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: blankmind who wrote (2686)	4/6/1998 11:57:00 AM
From: Mike McFarland	Read Replies (4) of 4903

I couldn't help but notice that the market capitalization of Netscape is around 1.6B, while Yahoo is 4.6B, does this seem absurd to anybody besides myself. I know that that the share price of Netscape is headed toward testing the old lows around 15 or 16, but with the storm clouds gathering over Bill Gates' ivory tower, it does seem pretty goofy that Bill Gates is worth 30 or 35 times more himself than the value of one of the most important companies on the internet. Hmm, Citicorp/Travelers deal is worth 70B, that is not a lot more than Gates' net worth, and something like a third the value of MSFT itself. Did I screw up any of the numbers? Maybe I'm off by a factor of ten somewhere? I bot 400 NSCP at 16 3/4...part one of three if she starts turning the corner...

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