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To: cellhigh who wrote (28224)11/26/1998 8:45:00 AM
From: H James Morris  Read Replies (2) | Respond to of 164687
 
cellhigh, ok, especially since i'm very busy boxing and un-boxing the 'Thing'.
Whats wrong with this story?
<Netscape Communications Corp. yesterday reported a quarterly profit of $2.7 million, meeting Wall Street expectations on the day it agreed to be bought by America Online Inc. for $4.21 billion.>

In the old days, meaning before 98. Who in the hell would pay $4.2bil for a 3-4 year old co, that only made $2.7mil in the last Qtr?
William hit it right on the head. It's the new information and money age.
Ps
I'm buying oil stocks, especially Mobil. I know its only a boring sector that makes billions in profits.