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Technology Stocks : Netscape -- Giant Killer or Flash in the Pan?

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To: Leo Francis who wrote (2809)4/17/1998 11:00:00 PM
From: N. David Lessani  Read Replies (1) of 4903
 
From San Francisco Chronicle
Home of Silicon Valley
4/17/98

" Netscape Corporation shares rose 29% on speculation that SUNW will buy NSCP. The money losing maker of popular Navigator internet browser rose $5.81 to 25.56 in trading of 30.7 million ,making it the third most active stock. SUN MAY BE INTERESTED IN NETSCAPE TO HELP IT REACH A WIDE AUDIENCE OF INTERNET USERS AND TO ROUND OUT ITS PRODUCTS LINE, WHICH IS MOSTLY COMPUTER HARDWARE."

Paper did not mention that SUNW denied these rumors. Shorts beware!!
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