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


To: xcuuuzu who wrote (2746)4/16/1998 1:40:00 PM
From: Winter  Respond to of 4903
 
From Briefing.com:

13:35 ET Dow -84, Nasdaq -5, S&P -10.49: Broader market stabilizing at lower levels as buyers have shown little conviction thus far... Tech-heavy Nasdaq well off of its lows of the session... Along
with search engine companies, Netscape (NSCP +5 1/8) helping in the recovery effort, and is up big on no news... Stock is third most active issue today with 16 mln shares having been traded...
Yesterday, Argent Securities initiated coverage with a Trading Buy.



To: xcuuuzu who wrote (2746)4/16/1998 1:42:00 PM
From: Steven Angelil  Read Replies (1) | Respond to of 4903
 
I don't know why all of a sudden NSCP would start rallying. Those other stocks have been rallying like that since January. I think there has to be more. Maybe a buyout rumor is spreading, with the huge volume and all.

Steve