From: Andrew Loewenstern <andrew_loewenstern@il.us.swissbank.com>
Date: Wed, 9 Aug 95 13:23:23 PDT
To: Jason Weisberger <jweis@primenet.com>
Subject: Re: Crypto = Competitive Advantage?
Message-ID: <9508092021.AA02019@ch1d157nwk>
MIME-Version: 1.0
Content-Type: text/plain


Jason Weisenberger writes:
>  > Apparently the opening price was doubled very shortly before the
>  IPO > (late yesterday afternoon) from $14 to $28.  By lunch-time
>  (in NYC), > shares were trading at $72.
>
>  Amazing aint it - a moron girl at Goldman Sachs of course told me
>  I was crazy and anyone who felt Netscape was going to go over the
>  top was a moron.

It may have "opened" at $28, but the first bid was $71 and now it's trading  
at $50something.  Not quite so spectacular as at first glance...  So unless  
you shorted it or were an insider it wasn't such a hot thing (so far).   
Quarterdeck is probably a better buy.

ob crypto:  the "top secret" source just posted looks interesting... 64-bit  
blocks, 80-bit keys, 32 rounds hmmmm....

andrew