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

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To: The Vinman who wrote (3739)7/7/1998 1:40:00 PM
From: Billy  Read Replies (1) of 4903
 
From the YHOO thread...

NEW YORK (Dow Jones)--It will be a couple of years before Internet portal companies become profitable, according to Forrester Research analyst Chris Charron.

Although general interest in the Internet has grown, Web sites are expensive to operate and sales and marketing costs remain high, Charron said in an interview with CNBC Tuesday.

The analyst said he also sees a consolidation among the Internet portal companies. "I think we can look for probably three no more than five players to really be broad-based consumer portals that succeed going forward," he said. Among the "major players," Charron noted that America Online Inc. (AOL) and YahooY Inc. (YHOO) are currently leading the pack, with companies like Microsoft Corp. (MSFT), Netscape Communications Corp. (NSCP) and Excite Inc. (XCIT) attracting a significant amount of traffic as well.
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