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5. Can you recommend offering price of $23 per share for Netscape's stock be justified? In valuing Netscape, you might nd it helpful to use

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5. Can you recommend offering price of $23 per share for Netscape's stock be justified? In valuing Netscape, you might nd it helpful to use the following assumptions: (Build a DCF projecting sales, expenses, losses and future gains, taxes for the 10 year period 1995-2005; include a terminal value going fomrard from that point to complete the valuation exercise).Giyen these assumption and starting with current sales of 3516.625 million, how fast must Netscape grow on an annual basis over the next ten years to justify a $23 share value? As it is evident from the spredsheet attached Netscape must grow at a 56% annual growth rate in order to justify a $28 share value

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