Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: The Vinman who wrote (3695)	7/5/1998 9:21:00 PM
From: Larry S.	Read Replies (2) \| Respond to of 4903

I see the downside on NSCP to be the mid 30's and the upside to be 50-80. I would not short NSCP here, i think you are taking a big risk. Granted, the valuations of the internet stock is excessive, but it the stocks in the internet play are the stocks that have toe holds in what is becoming the new paradigm of how business will be conducted: over the internet. NSCP is CHEAP !!! at 41 compared to the valuations of AOL, XCIT, YHOO, AMZN, etc. Larry

To: The Vinman who wrote (3695)	7/5/1998 11:58:00 PM
From: MR. PANAMA (I am a PLAYER)	Respond to of 4903

Vinman...those were probably shorts who made up that story to try to show how these stocks were beyond their belief and since nothing else has stalled them maybe a subtle fake would work... Good TRY SHORTS...

To: The Vinman who wrote (3695)	7/6/1998 12:03:00 AM
From: TokyoMex	Read Replies (1) \| Respond to of 4903

You are hyper ventilating ,, must be worried,, rather scary to short at 41 ,,,

To: The Vinman who wrote (3695)	7/6/1998 3:49:00 AM
From: saju chacko	Read Replies (1) \| Respond to of 4903

you're always negative on the stocks you follow aren't you? guess being short on IBM back then really burned you right? in any case, you're entitled to your opinion and you're free to do whatever you want... having you around is good for me since it makes me think and rethink every move i make... thanks, Saju

To: The Vinman who wrote (3695)	7/6/1998 12:07:00 PM
From: Marco Polo	Respond to of 4903

I hate to say it, but your call is unlikely to pan out. If you're shorting one of the search engines, why would you pick Netscape? You aren't alone I must add -- there seems to be as much short interest in Netscape as any other. But the fact is, Netscape enjoys market advantages over the others that they can't do anything about, and it is also the least expensive search engine stock at this point. With those two things going for it, why short this one?

To: The Vinman who wrote (3695)	7/7/1998 1:00:00 AM
From: Marconi	Read Replies (2) \| Respond to of 4903

Hello Vinman: I shorted NSCP based on what I understood to be the cooking of the books for Jan '98 and the following quarter. With a shrinking browser market share, cooked books, and portal charges meeting resistance (the firms that pay the portal fees are under pressure to show that form of advertising is worthwhile--and with the jury partly out, it is my understanding that the results are indicating it is not worthwhile), aside from mania, NSCP should be on the decline. One out for this quarter is for Netscape to cook the books again--but that approach only enlarges the issue--and it is historically hard for management to eat crow when they do have a performance quarter and use it to unwind the previous jiggering. The price upward hopefuls in this forum seem to have enthusiasm as the fulcrum for valuation. Greater caution is in order, me thinks.... Mania aside, I was expecting the accounting practices to further undo NSCP. We should know in another six weeks or so. Best regards, m