Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: James Young who wrote (2130)	1/27/1998 7:07:00 PM
From: Stephen M. DeMoss	Respond to of 4903

I too would be interested in knowing, I havent seen anything yet. My instincts are positive. I like the release. They did not blameshift the poor results, noted that they immediately began cutting the fat/unproductive parts of the business, and have a vision which will bring them to profitability in 1998. Those are definative statements and with the back drop of a possible offer from Orcl, Sunw, etc. and with the stock already so knocked down, I will be very suprised if the market makers start the stock below where it is now. All things being equal (clinton doesnt resign or blow it tonight - and asian markets I believe are closed, so no negative from there), I believe it will open (without knowing afterhours trading at this point) low to mid 17's and touch 18 at some point in the morning, retrace and slowly (over the next few days) make forward progress. I am encouraged. I do not remember, however, what the preannounced numbers were. Does anyone remember? Thanks and still long! Steve D.

To: James Young who wrote (2130)	1/27/1998 7:10:00 PM
From: Yiota	Read Replies (1) \| Respond to of 4903

Hi James, Last trade 16:40 EST $ 16.7/8, Now what do we do, I guess we have to face the music.(for the short term), I still believe Netscape is coming back no matter what! Most of this loss is already in the share price, and maybe it will not get hit as hard. Otherwise, afterhours trading would of been priced much lower,(my guess). Smile be happy, its only money and its going to be coming back! regards, Giota