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

To: Jxcxjx who wrote (3279)	5/26/1998 8:30:00 PM
From: Chi Pan	Read Replies (1) \| Respond to of 4903

About NSCP earnings, there are two excellent posts on Yahoo. First: messages.yahoo.com@m2.yahoo.com Second: messages.yahoo.com@m2.yahoo.com Conclusion: NSCP missed 8 cents per share for the four months.

To: Jxcxjx who wrote (3279)	5/26/1998 8:45:00 PM
From: P.M.Freedman	Read Replies (2) \| Respond to of 4903

Everybody calms down. Netscape really wants to show a new face to the Street. They want that badly. They used a method that we called as a method for no method. That's for sure a foolish way to show the Street a new face. If they told the Street that they had a loss for $0.58 for the total four months and the situation in last two months indeed got much better, the Street definitely would buy what they said. If like that, I would be one to believe them. Too bad they picked the worst way to tell the Street the numbers. I think that their CFO is idiot! However, although they cooked the book, the facts were there. They were getting better since they changed their strategy. Will they get better this quarter? I think so. They already cleaned the book (cooked). Most of charges went to January already. They can still take tax advantages for the first quarter to claim a loss of $0.58 to IRS. Not bad at all! Netscape knows next quarter will be the key turning point for them. I can feel that they feel confident on that. Based on what? Just based on that they dared to use the cooked numbers. Of course, they had $70 million in hands already. They must feel that even some of investors do not like the cooked numbers, they will come back after the release of next quarter's number. Otherwise, they should be out of the Street. Shorting NSCP because you hate this company to cook its book? You'd better do it with great careful. After most of emotional investors shorted the stock, serious investors may step in at any movement. Long's buying and shorts covering will lead the stock to a sky high that you won't image. Both longs and shorts are very welcome to join the NSCP game. Good luck to both sides, bulls and bears! BTW, I am a bull.