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

To: Kal who wrote (2281)	2/4/1998 7:47:00 PM
From: Leo Francis	Respond to of 4903

Analyst Pooh-Poohs Netscape-Sun Takeover Rumors (02/04/98; 4:15 p.m. EST) By Gabrielle Jonas, TechInvestor Netscape shares jumped Wednesday on rumors that Sun Microsystems would buy the struggling company. Investors, however, should take the rumors with a grain of salt, according to one analyst. "There has been a tremendous amount of market speculation about these guys," said Bill Burnham, senior research analyst at Piper Jaffray. "But I think it's more speculation than truth. A lot of this is people just spinning tales, although I don't think anybody would be surprised." Just before market close, Netscape [NSCP] was up about 6 percent, or 1 3/16, to 19 3/8. The company rallied as much as 13 percent before pulling back. Sun [SUNW] benefited from the rumor, as well, adding 5/16 to 48 15/16. A Netscape spokesman would not confirm or deny that the company may be acquired by Sun. "We're not going to comment on rumors and speculation," Allison Johnson, Netscape's director of corporate public relations, told TechInvestor. "It is rumor and speculation, and we're not commenting." Sun, based in Mountain View, Calif., would not return telephone calls. "I believe it the rumor de jour, not unexpected in the light of Netscape's difficulties," Burnham said. "With Netscape stock down so much, it's the subject of a lot of speculation. Right now, it strikes me as being more in the rumor category than truth."

To: Kal who wrote (2281)	2/4/1998 7:57:00 PM
From: Leo Francis	Read Replies (1) \| Respond to of 4903

Boy, I go to Brussels on business for a few days, (no, I'm not the pie thrower-g-g-), and NSCP spikes on speculative rumors. And to think I initially thought the spike was due to the flower story!-g- If speculation is true,(which I doubt) its NSCP only shot short term. If not, we'll see 2X book, or 8-10. Amazing, 2 billion market cap, with only 400 million in projected revenues, losing money, shrinking margins, slower sales cycles, attempting to redefine itself and business model,..... Now may be the time to overcome greed and take advantage of these levels. Good Trading, LF

To: Kal who wrote (2281)	2/4/1998 8:13:00 PM
From: TLindt	Read Replies (1) \| Respond to of 4903

>>>SO what are your latest endeavours (sp)? Read my last post on Checkfree [CKFR] SI asked me today to do a featured write up on the Company, Checkfree. Like I said I got in this SI thing to help the grasshopper get his money back....I really felt for him....I had been there done that. I did much the same thing when I was 18 trading commodities over in Chicago. We must all just learn from our mistakes. Now I'm more than happy to share with others....my thoughts and opinions. I'm just a little reserved in thinking........that my voice is actually being listened too.