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

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To: The Vinman who wrote (3712)7/6/1998 2:23:00 PM
From: Moneysmith  Read Replies (3) of 4903
 
This from todays news wire: According to Anthony Stoss, an analyst with Southeast Research Partners in New York, the Internet stocks have had a fabulous run because the growth opportunities in electronic commerce are turning out to be even bigger than expected.
Shares of Yahoo - which, with a market capitalization north of $10 billion, may be too expensive for most would-be buyers - were recently up 18 1/8, or 10.5%, at 191.
Time Warner Inc. (TWX), Viacom Inc. (VI) or News Corp. (NEWS) are also seen as likely suitors for the remaining independent portal companies, which include Lycos, Excite and YahooÝ in addition to Netscape.
If Time Warner wanted to do a deal for example why pay exorbitant prices..Netscape is a relative bargain with excellent market share and brand recognition.
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