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Technology Stocks : Netscape -- Giant Killer or Flash in the Pan? -- Ignore unavailable to you. Want to Upgrade?


To: PeterR1700 who wrote (1552)11/6/1997 9:05:00 AM
From: Dave L  Read Replies (2) | Respond to of 4903
 
I own NSCP (long at $26). The tight trading range is interesting to me as well. I can't say which way it will go. I did notice that Investor's Business Daily's count of mutual funds owning NSCP went from 80 to over 200. Probably a type-o. They actually are fairly valued here in the low 30's. 50% EPS growth, and next year earnings around $0.80. My target is price is $40. There is also the big anti-MSFT sentiment and NSCP takeover rumors as wildcards in all of this. Oh well, I'm patient.

Here's something to back up the claim of being fairly valued:

isdex.yahoo.com