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Technology Stocks : The Roaring Twenty 1998 -- Ignore unavailable to you. Want to Upgrade?

To: White Shoes who wrote (88)	5/27/1998 1:57:00 AM
From: White Shoes	Read Replies (1) \| Respond to of 338

Trouble in Dodge. Nobody much likes Netscape today. I first bought some at the bottom of the bearish sentiment at $16 7/8. I added some more 'on a dip', just after the height of the recent bullish sentiment. Market psychology is taking us to crazy extremes. Rather than regret my recent purchase of more NSCP, I prefer to stay focused on the company's future, which I think is good. Of course revenues won't look good for awhile, but ultimately their new focus on becoming an internet portal, giving away their source code, and turning towards a diversified strategy heavy on servers and commerce servers should ultimately pay off. And they most certainly aren't in any financial trouble. Maybe the conclusion of the MSFT/DOJ saga will give NSCP a boost after all. Certainly, no need to panic. Also, Speedfam pre-announced yet more disappointing results. SFAM has many backers. I wonder how many are buying now? Maybe the best thing SFAM could do now is to take some of its $10 per share in cash and hedge itself by buying SFAM puts!!!! I would add more, but, er, I just did add more. In all honesty one needs to be concerned about the whole semi sector as demand erodes and recession looms. Now I'm not too cranked about investing in semis in the first place but I was ASSURED that this one was special. Bearing that in mind, I guess I'll stay the course and keep in mind that this was a value play.