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Technology Stocks : Net2Phone Inc-(NTOP)

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To: Rusty Johnson who wrote (435)8/8/1999 8:02:00 PM
From: KM  Read Replies (1) of 1556
 
Price moving deal?

Internet portal Snap.com, owned by NBC and CNet (CNET:Nasdaq), said today it signed a deal to market products from Web telephony provider Net2Phone (NTOP:Nasdaq) on NBC Web sites, according to a Reuters report. In exchange, Snap.com, NBC and GE Capital will acquire equity stakes in Net2Phone. NBC and GE Capital are units of General Electric (GE:NYSE).
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