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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.29+1.3%Jan 22 3:59 PM EST

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To: Mark Myword who wrote (4582)5/21/1998 9:26:00 AM
From: Alexander Pavlov  Read Replies (2) of 164684
 
From briefing.com:

08:59 ET Excite Inc (XCIT) 60 3/16: Marine protein and food services company, Zapata Corp (ZAP 11 3/8), makes unsolicited bid to acquire Internet search concern. Proposes merger at $72 per share. Says seeks approval of XCIT board and will only proceed if on friendly terms. XCIT currently halted. Forgot to mention, the proposed deal would be all stock. On a market-cap basis, XCIT is 5 times larger than ZAP.
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May be amazon.com as well will find some profitable company with 5 times lower market cap to merge with?
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