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

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To: Larry S. who wrote (3366)5/30/1998 2:03:00 AM
From: E. Graphs  Read Replies (1) of 4903
 
Did this get posted? Barksdale to increase stake.

news.com

>>Netscape Communications' chief executive Jim Barksdale, who earned only $1 in compensation last year and returned a stock option grant of 300,000 shares to the company, plans to increase his stake in the software maker.

Barksdale told shareholders at the company's annual meeting today in Santa Clara, California, that he will,buy more Netscape stock because he feels it is a good investment, according to Bloomberg.

"It is a good investment at today's price," Barksdale said. "I plan to increase my holdings of Netscape in the public market very soon."<<
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