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

To: Mike McFarland who wrote (2687)	4/6/1998 12:05:00 PM
From: Jay R. Kellett	Read Replies (1) \| Respond to of 4903

Anyone think that the release of source code for netscape might push up the price of the developers of the compilers? On the PC side, they use Microsoft C++, but on the Mac side they use Metrowerks, a small company out of Austin,TX (originally from Canada). I've been following them for some time now, and think (selfishly) that the wide distribution of Netscape code is bound to increase demand for their compiler, Codewarrior-- even if if does nothing for Netscape's price. Thoughts? JK

To: Mike McFarland who wrote (2687)	4/6/1998 12:32:00 PM
From: blankmind	Respond to of 4903

unfortunately nscp is not yhoo and can not be compared as such. i still can not understand why a yahoo or amzn has such rich prices. on the asnd thread i have mentioned asnd will not receive the same p/e as csco. not many stocks receive this type of treatment. nscp did at one time, but it is doubtful it will ever occur again.

To: Mike McFarland who wrote (2687)	4/6/1998 2:25:00 PM
From: Winter	Respond to of 4903

>>I couldn't help but notice that the market capitalization of Netscape is around 1.6B, while Yahoo is 4.6B, does this seem absurd to anybody besides myself. << Yes, both valuations seem absurd :-) >>Bill Gates is worth 30 or 35 times more himself than the value of one of the most important companies on the internet.<< Comparing the wealth of an individual (BG) against a company is silly. I can see the comparison of NSCP against MSFT and considering the breadth of MS products vs what NSCP produces the valuation multiple does not seem ridiculous (actually quite the opposite). Calling Netscape one of the most important companies on the internet is questionable. Netscape was an important part the internet growth in the past but current the stock price has to reflect the future not the past. The sad fact is that Netscape's role in the internet is "just another player". In other words there are other software companies that offer the same products (better or worse). People seem to hold Netscape in high regard because of sentimentalism rather than just looking at the facts from a business perspective. Looking forward, is this a 1.6B company? More? Less?