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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 (3696)7/5/1998 9:30:00 PM
From: The Vinman  Read Replies (2) | Respond to of 4903
 
Larry, please give me specific fundamental reasons why Netscape should or will trade in the $50 to $80 range, and not just the fact that internet stocks are the "new paradigm" for business. That's my problem or thought process regarding these stocks, I don't buy any of this crap that these stocks are anything more than juiced up search engines. The short position at $41 9/16 is very small, and I don't care if Netscape hits $50(next resistance) in the near future.....I don't belive in this company in the long term at all.....

Vinman



To: Larry S. who wrote (3696)7/5/1998 11:17:00 PM
From: Rick  Respond to of 4903
 
Agree - still cheap...but in any case - I picked up a bunch
a few weeks ago at 24 - so I am a happy camper...
(many reasons....Barksdale buy, & other items..such as low
valuation etc., rumors of the announcements last week etc.)
Have hit all winners this year :-)
OZEMY, COMS at 25 a few weeks ago etc. etc.
more appreciation to come.. though there may be some ST volatility.