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


To: T-Lo Greens who wrote (3309)5/27/1998 11:58:00 AM
From: Pria Pism  Respond to of 4903
 
I bit the bullet and purchased some Netscape shares this morning at 23 7/8. Thanks for all of the wonderful information on this thread.

In a VERY down market, it's very apparent that Netscape is holding its own. In addition, they've saved up a bunch of nice announcements (including Gateway) to build some momentum. After the NASDAQ bloodbath subsides, I think this will have been a very good buy.

Good luck to all (except the shorts)!



To: T-Lo Greens who wrote (3309)5/27/1998 11:59:00 AM
From: Jxcxjx  Read Replies (1) | Respond to of 4903
 
Im still short, since 28 1/2, there seems to be no conviction here one way or the other. I am very surprised the stock has held up as well as it is ,in this down market condition. I do have an order to cover at 25 if it gets there. I will lock in 3 1/2 points. Thats where I stand anyway!
Jx
Im watching close!



To: T-Lo Greens who wrote (3309)5/27/1998 1:31:00 PM
From: Frank Arena  Respond to of 4903
 
Tony- You are correct. No matter how you slice it Nscp is bleeding red ink. Ever hear the term creative accounting.



To: T-Lo Greens who wrote (3309)5/27/1998 2:04:00 PM
From: Bob Kimball  Read Replies (2) | Respond to of 4903
 
FY Change = Trouble ahead.

Anyone remember a company called Ashton-Tate? I was a senior manager there when the Fiscal Year was changed, to mask a revenue/earnings problem. The tank came not long after as the extra time to work things out didn't help. The decline afterwards was rather spectacular.

When I saw this maneuver at NSCP, I went short.