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Technology Stocks : Netscape - the REAL blockbuster? -- Ignore unavailable to you. Want to Upgrade?


To: Bald Man from Mars who wrote (132)11/25/1998 1:30:00 AM
From: c.r. earle  Read Replies (1) | Respond to of 137
 
I think there is still room in this baby to move, although as I have mentioned and others have as well, Netscape's fate now is tied to AOL.

Today's trading and ultimate move down can be attributed to simple profit taking. And I would say it was a healthy move, as much as we wanted to see Netscape continue its ascent. I think the market will continue to move strongly upwards after a breather, and just as they have done all year, the internet stocks will continue to lead.

This should bring AOL and Netscape up as well. We were bound to see a pull back in Netscape after the major moves it has made in the last week.




To: Bald Man from Mars who wrote (132)11/27/1998 2:26:00 AM
From: George Bielski  Respond to of 137
 
Bald-dude. I'm sure a lot of other folks have the same question. Has NSCP's share price been fixed yet, or at the 0.45 AOL ratio when the deal is finally approved by the shareholders and set in concrete in the sping of next year. If anyone knows for sure, please respond. I'm sure that we haven't heard the end of this deal yet. There are a lot of ticked off shareholders thinking that cheapskate AOL stole NSCP. Already one lawsuit has been filed. There's also the possibility that a bidding war will start. I figure that the MSFT suit will carry on and that NSCP may be awarded some $$$ damages. What happened in the past is a FACT and has no bearing on the NSCP/SUNW/AOL deal. It's like a criminal saying "Oh, I shot a lot of people in the past with intent to kill, but they didn't die, so I'm innocent." The MSFT laywers are full of it, trying to drop the case before MSFT gets reamed, as they should.