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

To: Leo Francis who wrote (2775)	4/16/1998 8:14:00 PM
From: Jim Croci	Read Replies (1) \| Respond to of 4903

Just wondering if any of you "Bulls" are putting your money where your posts are tomorrow morning??? I hope you're right Good Luck

To: Leo Francis who wrote (2775)	4/16/1998 8:14:00 PM
From: Backfill	Read Replies (1) \| Respond to of 4903

Leo, The T/A's are starting to look pretty good on this stock. Carefull unless you are just looking for a small gainer. Jeff...

To: Leo Francis who wrote (2775)	4/16/1998 8:18:00 PM
From: Jeff Jordan	Respond to of 4903

Well, 1 billion increase in market cap in less than a couple of weeks is just plainly absurd in light of no fundamental improvement. Short again at 25 3/4. LF It happens all the time....its not something I consider when investing or trading. I believe we are looking at speculation of future market growth and earnings...also takeover rumors. That alone is worth $5 Netscape is in a key powerful position in this market place. I can see where certain forces at work here and making alliances is important. SUNW/JAVA,.................MSFT Then you have all the other internet companies with un-stopable growth. Thursday April 16, 7:20 pm Eastern Time Netscape shares rise amid takeover rumors PALO ALTO, Calif., April 16 (Reuters) - Shares of Netscape Communications Corp (NSCP - news) surged 29 percent Thursday amid rumors Sun Microsystems (SUNW - news) would buy the Internet software company. But some people familiar with Netscape suggested other reasons behind the jump in the stock price, including speculation the company was near a deal for a partnership on its NetCenter Internet directory. Mountain View, Calif.-based Netscape has been trying to broaden the popularity of its NetCenter web site, and is reported to be exploring deals to sell the business outright or enter a partnership with a larger Internet directory. Some say a partnership or sale of the business would enable the company to focus more energy on its enterprise software division, which designs ''intranet'' computer networks for internal communications within companies. A Netscape spokeswoman declined to comment on the rumors. Officials at Sun were not immediately available. Netscape shares jumped 5-13/16 to 25-9/16 on Thursday. Michael Murphy, editor of the California Technology Stock Letter, said that while Netscape is ''definitely on the block,'' he doubted the Sun Microsystems rumor was true, because Netscape's valuation was too high. ''Are they really going to pay six times book value for a money-losing company? It would ruin Sun's earnings,'' he said. "Strategically, it would be a logical sale," Murphy added. ''The problem is that at the current price, I don't think anybody will buy it.'' Takeover rumors have been swirling around Netscape for the last two months as the company's earnings and market share eroded. In January, Netscape reported its first quarterly loss since it went public, and eliminated about 400 jobs. Netscape, which was one of the first companies to develop Internet browser software, but has been rapidly losing market share to Microsoft Corp's (MSFT - news) Internet Explorer. Earlier this year, Netscape began giving away the browser for free just as Microsoft does, and in a controversial move, began distributing the valued blueprint to its browser software. I think Netscape will soar! Jeff