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: Dr. Id who wrote (4751)	11/25/1998 10:47:00 AM
From: Guardian	of 4903

RESEARCH ALERT - AOL <AOL.N> target price raised NEW YORK, Nov 25 (Reuters) - Lehman Brothers said Wednesday that analyst Brian Oakes raised his price target on America Online Inc to $110 a share from $75. -- Kept a buy rating on the shares. -- Said deal to acquire Netscape Communications Corp <NSCP.O> "makes a lot of sense" financially. Also cited alliance with Sun Microsystems Inc <SUNW.O> as positive. -- In a note, Oakes said: "Given the strength in AOL's current business and limited financial risk in the deal, we feel comfortable raising our target price to $110 even though we realize valuation is being stretched - but this is the Internet and AOL is the dominant company." -- Shares rose 7/8 to 92-14. REUTERS Rtr 10:13 11-25-98

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