[44268] in Cypherpunks

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Re: Netscape gives in to key escrow

daemon@ATHENA.MIT.EDU (Perry E. Metzger)
Thu Nov 30 13:09:00 1995

To: Jay Holovacs <holovacs@styx.ios.com>
Cc: cypherpunks@toad.com
In-Reply-To: Your message of "Thu, 30 Nov 1995 08:37:43 EST."
             <Pine.3.89.9511300825.A27268-0100000@styx.ios.com> 
Reply-To: perry@piermont.com
Date: Thu, 30 Nov 1995 12:58:50 -0500
From: "Perry E. Metzger" <perry@piermont.com>


Jay Holovacs writes:
> On Thu, 30 Nov 1995, Timothy C. May wrote:
> 
> > 
> > Can Netscape continue to prosper? This latest issue won't kill it,
> 
> I suspect this will unfortunately help. Stockholders are interested in 
> profits, not principles.

Netscape is currently trading somewhere like 7000 times earnings. What
profits are you talking about, precisely?

Perry

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