Gregory Alan Bolcer (
Sun, 08 Mar 1998 08:27:46 -0800

SJ Mercury this week reported on top Netscape executives
filing to liquidate large portions of their stock holdings.
While this doesn't mean they will actually sell their shares,
it usually means that it will happen. Witness Jobs filing
with the SEC and Apple, or Smith's filing with FileNet. Given
these two examples, it's hard to speculate on the future
of the stock, but I don't think I'd want to be holding
any of it as it seems like some big shakeups at Netscape
in the coming quarter. This filing has re-ignited rumors
about Oracle, Sun, IBM, and others about purchasing all or
part of the company, even though all parties deny it, and
all have publically stated that it is not attractive at
it's current valuation. My interpretation? It will be
bought when the stock hits $7 which will be what the
company's worth plus a small premium. This prediction is
based on both on techical analysis of the stock prices
and my personal evaluation, but what the heck. I like
sticking my neck out.