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: Larry S. who wrote (3381)	6/3/1998 9:18:00 PM
From: John K. Culley	Read Replies (4) of 4903

Larry: Don't know if you ran across the following, but sounds like tomorrow will be an interesting day for NSCP traders/investors. Could be a rollercoaster ride! Regards, Jack Netscape to host analysts' gathering Internet software company to adds words to numbers By Brenon Daly, CBS MarketWatch Wed Jun 03 18:33:17 1998 Netscape will discuss its most-recent quarter with analysts on Thursday, which may buffet shares in the Internet software company. The company (NSCP) will be discussing its fiscal second quarter, during which Netscape broke even. Analysts expected a 10 cent per share loss. But there were some concerns, which kept the stock depressed: Revenue inched up just 1.5 percent, while sales and marketing spending jumped 27 percent. Netscape has been trying to reposition itself, shifting from a pioneer of browser software to a provider of software for businesses. Ahead of the get-together, Netscape shares slipped 1/16 to 22 5/16.

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