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Technology Stocks : MSFT Internet Explorer vs. NSCP Navigator
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To: rudedog who wrote (21930)12/4/1998 7:34:00 PM
From: Bearded One  Read Replies (2) of 24154
 
Whatever your personal view of Netscape's valuation, the stock market as a whole values internet stocks at a very very high premium. This is of tremendous benefit to those companies. Netscape was the king of the hill as far as valuation until Microsoft started to 'cut off their air supply.' It's been common knowledge on the street for a long time now that Netscape would have had a much higher valuation were it not for the assumption that Microsoft was just going to steamroll them.
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