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

To: Keith Hankin who wrote (4316)	10/8/1998 2:17:00 PM
From: P.M.Freedman	Read Replies (1) \| Respond to of 4903

Next generation portal biz.yahoo.com

To: Keith Hankin who wrote (4316)	10/15/1998 12:51:00 PM
From: Yiota	Read Replies (3) \| Respond to of 4903

Netscape Communications Corp. The Wall Street Journal -- October 15, 1998 Technology Journal: Digits Gambits and gadgets in the world of technology CAN NETCENTER BREAK AWAY? The rumor's been going around for months that Netscape Communications Corp. will spin off Netcenter from its Internet software arm since "pure-play" Internet competitors such as Yahoo! Inc. are accorded huge stock valuations. Indeed, industry analysts and Netscape officials often note that the company's share price would be higher if it was viewed as a so-called "portal" -- a central destination site on the Web -- rather than being tied up with Netscape's less-sexy other business, selling Internet software to businesses. So what's the hangup? One key reason is Uncle Sam. The Netcenter unit cannot spin off tax free without five years of gross receipts. "You would create a taxable event," says Quincy Smith, Netscape's director of investor relations. Until 1999, that is, when Netscape's tax problem is lifted. Company officials decline to comment on future possibilities. The above article has been on the Dow Jones News Wires and the Wall Street Journal today....... ANY COMMENTS ????? regards Giota