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

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To: Jacques Tootight who wrote (4151)8/20/1998 3:18:00 PM
From: Jacques Tootight  Read Replies (2) of 4903
 
Lycos 4Q -

Report loss of $1.6 million or $-.09 per share. Beats street estimate.
Revenues of $19 million for quarter, up 26%
Stock price up $4+ today.

Netcenter alone (to compare apples to apples), Revenues of $38.7 million, up 24%. $.00 per share, beak even, Beats street estimate. Stock price down $2 in last two days.

No double standard here, no sir.

I've come to the conclusion that Netscape needs to spin off Netcenter as a separate company with a new IPO. With Netcenter spun off only then will fair value and the same standards be applied. With the numbers it has turned in Netcenter can certainly stand toe-to-toe with the other "portals" and its price should skyrocket. Netscape can then be valued as a profitable software company, also the major stock holder in Netcenter.com the high flying Internet company.

This is the strategy being employed by Barnes & Noble with barnesandnoble.com and it has all the "analysts" all atwitter trying not to wet themselves.

Barksdale are you listening?

Cheers -

RC

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