SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: michael liu who wrote (13024)11/18/1998 8:11:00 PM
From: GT   of 119973
 
NSCP will be bigger than we realize - Nov 18, 1998 (5:58 PM ET) - The Motley Fool Evening News

Reports of a potentially powerful Internet partnership sent shares of Web browser and enterprise software company Netscape Communications (Nasdaq:NSCP - news) skyward today. Netscape stock shot up $10, or 34.2%, to $39 1/4 after The Wall Street Journal reported it is in talks with online services provider America Online (NYSE:AOL - news) regarding "a wide range of new partnerships," including a potential deal to embed Netscape's browser into AOL software "alongside or in place of" Microsoft's Internet Explorer. AOL's exclusive browser contract with Microsoft allows AOL to cancel the agreement at the end of this year -- AOL executive David Colburn said in the ongoing antitrust trial against Microsoft that AOL signed the deal only because the software giant agreed to promote AOL on Windows 95 and 98. According to the Journal, AOL, which moved ahead $7 7/8 to $83 1/4 today after a 2-for-1 stock split, may even make an equity investment in Netscape, possibly earning a board seat in the process. Separately, Netscape also announced the acquisition of privately held NewHoo! Community Directory Project search service for an undisclosed sum.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext