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

To: James Young who wrote (1738)	12/18/1997 12:54:00 AM
From: Brad Bolen	Respond to of 4903

Short interest is about 2.3 days to cover, or about 6 million shares. Not much, really. I think NSCP's prob is that it will continue to lose marketshare and the market knows it. There was an article rencently on this. I think is was PC mag or PC world or maybe Computer life...sorry, can't remember. Not to mention, high PE stocks are getting hammered lately. ( I believe the whole market is in trouble) Even on 1999 estimates NSCP is pricey. I considered going long for a while, but gladly said Nah and went the other way. I am tired of getting creamed by downward momentum. At this point, I have a few puts. Too bad. As a Mac user I can sympathize. B.