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: Moneysmith who wrote (4639)	11/22/1998 11:05:00 PM
From: Scott Kessler	Read Replies (1) of 4903

Can someone explain how an AOL bid for $4 bln./$40 per NSCP share will turn into $45-$90??!?! Especially if the deal will be dilutive to AOL & pull down its shares. I know folks are excited about the prospect of an AOL buyout & a good combo -- but what will cause this pop -- the shorts selling? NSCP has had a pretty nice run for a co. that was a "has been" 2 mos. ago. I'm guess this will be a buy the rumor sell the fact kinda situation. Don't know if the shorts will cash in @ the open, as a result. Regardless, that Prince Al Waleed is cleaning up (& on Apple too). By the way, check out Wit Capital (witcapital.com), underwriter which has been involved in IPOs involving net stocks 24/7, Digital River & Earthweb. In early Dec., the co.'s offering shares of AboveNet, which outsources web-hosting functions & saves cos. bandwidth & $. Customers include Download.com, Electronic Arts & NSCP. Average Joes & Janes like ourselves can buy these IPO shares. Sounds pretty interesting.

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