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


To: E. Graphs who wrote (3793)7/9/1998 10:41:00 AM
From: MIKenn  Read Replies (1) | Respond to of 4903
 
There was not quite the explosion off the line that I expected.

what's up?



To: E. Graphs who wrote (3793)7/11/1998 12:51:00 AM
From: gary neil baurer  Read Replies (2) | Respond to of 4903
 
I read your note on tech analysis - I have always thought of technical analysis as akin to Random Walk theory (It appears to me it depends on what investors have done in the past and therefore assumes that reliable information about a stock is available to and acted on by the majority of people buying or selling. It just doesn't give me a sense of confidence in a stock. But then again I'm sure many people who rely on Technical Analysis do a lot better in the market then I do.

I would like to think that seeing a trend in how a company does business or will change an industry ( some kind of unique insight) will prevail in the market.

I got interest in Netscape because I liked what Barksdale did last year - took $1 salary - It makes me think he has a lot of personal conviction. while some people comment on the fact that netscape is changing their basic identity so much they don't know what they want to be - I see it as a business in which they understand they need to go where the money is to be made and that appears to be retaining lots of viewers to generate ad dollars.

I would be interested in reading your favorite tech stock analysis guide. My favorite Fundemental book - Is "Securities Analysis" by Dodd Gram? and Cottle.