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


To: Larry S. who wrote (3024)5/4/1998 10:55:00 PM
From: P.M.Freedman  Read Replies (1) | Respond to of 4903
 
I don't think Netscape will be up that quickly like Yahoo and AOL or the recent "star", KTEL. You know why? The short interests in NSCP are relatively low, especially the ratio of S/A is not high enough. A squeezing of the shorts in this stock at current level may be only as large as around $5. The stock will go up step by step for awhile until the Street start to talk that NSCP is "OVERVALUED". However, it will be the time the Netscape really to fly because the magic word "overvalued". Then you sell your house and jump into NSCP, the real squeezing will get you a new house back with a doubled value :-)