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To: Dick Smith who wrote (12895)	1/5/1998 8:04:00 AM
From: sunny	Read Replies (1) \| Respond to of 45548

[OT] Another earnings warning: Netscape Announces Preliminary Fourth Quarter Results MOUNTAIN VIEW, Calif., Jan. 5 /PRNewswire/ -- Netscape Communications Corporation (Nasdaq: NSCP - news) today announced that, based on a preliminary analysis of its results of operations, it expects to report revenues for the fourth quarter ended December 31, 1997, in the range of $125 million to $130 million. The preliminary fourth quarter 1997 revenue range represents approximately 9 to 13 percent growth over revenue of $115 million in the fourth quarter of 1996. The company also expects to report a net loss for the fourth quarter of 1997 in the range of $85 million to $89 million, or a net loss of $0.88 to $0.92 per share after the effect of non-recurring costs of approximately $52 million in merger-related charges and $35 million of restructuring costs. When excluding the non-recurring charges, the net loss for the fourth quarter of 1997 is expected to be in the range of $14 million to $18 million, or a net loss of $0.15 to $0.19 per share. biz.yahoo.com Regards, sunny