Netscape -- Giant Killer or Flash in the Pan? Message Board

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

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To: NewsTrader who wrote (4212)	9/15/1998 5:56:00 PM
From: Vic Breck	Read Replies (1) of 4903

Tuesday, Tuesday, September 15, 1998 03:36 PM WASHINGTON, Sept 15 (Reuters) - A living trust set up for Netscape Communications Corp. executive vice president Marc Andreessen sold 200,000 common shares worth $4.3 million of the Internet company, a recent regulatory filing showed. The trust sold shares of the Mountain View, Calif.-based company on Sept. 3, a Form 144 filing with the Securities and Exchange Commission indicated earlier this month. Company executives file the document with the SEC showing an intention to sell stock, but are not obliged to do so. The documents sometimes reveal shares that have already been sold. Netscape has about 104 million shares outstanding. Shares fell 4/16 to 21-5/16 on Nasdaq. Quote for referenced ticker symbols: NSCPc 1998, Reuters

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