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To: yard_man who wrote (7967)	3/7/1998 8:37:00 PM
From: Bill Harmond	Respond to of 27307

>>compare with Netscape a couple of years ago. Netscape's main advance lasted from mid-September 1995 to December 6, 1995. That's it. During those months Netscape Navigator became the #1 selling PC application, and Netscape achieved nearly 90 share of the browser market. Netscape was cutting deals with virtually every telecom and ISP provider in the world. The price advance under those circumstances was entirely justified. I owned the stock then, and made alot of money. It was the biggest and fastest return I've ever made. Then came December 7, 1995. Microsoft hosted a huge analyst day in Redmond and made a few important strategic moves that essentially zeroed-out Netscape's market. They adopted Java. They rolled IIS as a free component into NT server. And most importantly, they said that IE would be offered "free forever." One by one Netscape's deals with ISP's, particularly AT&T and AOL unraveled as Microsoft offered free software and used Windows real estate as a lever. IMO, Microsoft smothered Netscape. On December 7, 1995, Netscape's stock broke down on huge volume, and has never seen those highs since. That #1 selling title from 1995 is freeware now. That's why the DOJ, The US Senate Judiciary Committee, and most of the states are seriously on Microsoft's case.