Hey guys:

I haven't had a chance to work on this yet. I am out of town and was
traveling all day yesterday. I will try and work on it sometime this
afternoon and send you my things.

Thanks for getting a great start,

Dylan


At 11:22 PM 4/13/01 -0400, JcjCal02@aol.com wrote:
<Ok guys I've taken a stab at #5. I valued the company by taken the NPV of
<future after tax net earnings (see attached speadsheet-right side of exhibit
<1). To get a value of $28/share I calculate Netscape would have to grow at
<17.75%/year from 1995 to 2005. Please scrutinize my strategy and give me
<feedback.
<Jimmy