My point wasn't really about Netscape per se, it was about the tendency of stocks like TSIS to go over looked during periods of market euphoria as investors race to buy anything associated with the internet or bio-tech, or IP Telephony, or whatever the latest "glamour" or trend is. But, when investors start looking at value, if the market does start to tighten a bit, there is less risk taken with trend stocks and more attention given to value. Netscape may very well be fairly valued in the 20's but there are many trend stocks that are seriously overvalued, and if the market takes a tumble, their balloons will deflate the fastest. A company with s stable client base of Fortune 500 companies, increasing sales, and profitability may look very attractive being priced at 54 cents, and as I suspect financials will show, probably UNDERVALUED AT 54 CENTS.
Best Regards,
R. Gates
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