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: Wowzer who wrote (4199)	9/8/1998 11:21:00 PM
From: BigRedMan	Read Replies (1) of 4903

Rory, This is the third time I have owned NSCP. Like most internet stocks, it is quite volatile. I believe this stock is greatly undervalued at $18 (or $23). The previous two times, I got in at mid to low 20's and out in the mid 40's. As before, I look at NSCP as a S/T investment. I fully expect it to be back in the mid to upper 30's within 2 months. As far as a "pull back" tomorrow, I think that is very likely. After a 380+ day on SOME good news (market's knee jerk reaction), I look to see about a 100 point pull back. As far as NSCP, I think it will go the way of the other Techies near term. Slight pull back tomorrow (nothing worth the effort of daytrading) with another leap late this week. Of course, this is all just my humble opinion-I happen to be bullish, especially after a 30% decline (DJIA from the high). GO BIG RED!!!

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