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Essay's paper info
Topic: Business
Number of pages / Number of words: 2 / 525
Essay's paper body

There is simply too much

uncertainty surrounding Netscape's future performance to have much confidence in the assumptions

used. Arguably, Netscape's value is found mainly in the growth options that it possesses, not in the

cash flows arising from assets in place. Buying Netscape's stock is rather like buying an option on

the web industry...


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Buying Netscape's stock is rather like buying an option on

the web industry. There is huge upside characterised by lots of uncertainty, but limited downside. If

things go well for Netscape, it might indeed become a giant that rivals Microsoft.


Essay fragment

General points of the essay

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