By Paul Honda
Saturday, June 16, 2007
paul@hondareport.com

Netscape was once king.

Oh, the kiddies have no idea, and those of us who were PC illiterate in the 1990s barely knew the name. But generally, Netscape was a wunderkind in its time. Eventually, sold out to AOL, and the big chief, Marc Andreessen, faded away sorta.

Well, he's been up to new, cool stuff. The latest is the most promising. Opsware provides the guts of what the global markets need to communicate at lightning speed. Sounds like a commercial? Sorry.

Opsware (OPSW) is breaking out of its longstanding range and traded at above $10 before the close on Friday. I'm not diving in just yet, but this company is poised to take some giant steps, in my opinion. Here's my short summary on Stockpickr.com.

Grade: B+
It was just a matter of time before former Netscape guru Marc Andreessen's latest company approached global reach again. I rated Opsware a B- recently while the price was at 8.22. But as of this week, CheckFree is the latest, newest customer, and OPSW finished the week up more than 1 buck. At 10.07 today, the pps may be overextended. It's a definite keeper on a pullback. Quarterly revenue was up 59% and I believe Andreessen when he says the future is very bright.

Disclaimer: Pupule Paul does not own shares of this company.

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