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: Larry S. who wrote (4616)	11/22/1998 3:37:00 PM
From: CanynGirl	of 4903

America Online Is in Talks To Buy Netscape in Stock Deal By KARA SWISHER Staff Reporter of THE WALL STREET JOURNAL America Online Inc. is in talks to buy Netscape Communications Corp. in an all-stock transaction that may also involve Sun Microsystems Inc., people familiar with the situation say. Financial terms weren't available. But any pact is likely to value Netscape at some premium to its current market capitalization of about $4 billion, these people said. Under terms now being discussed, AOL, of Dulles, Va., would take over Netscape's Netcenter Web site (www.netscape.com), as well as Netscape's well-known software for browsing the Web. In a side agreement, Sun is considering an arrangement under which it would take control of Netscape's business software, paying AOL a fee for using Netscape technology, these people said. The three companies have been in talks all week and over the weekend, and a final agreement may not be reached. But some people familiar with the situation believe a deal could be announced before stock markets open Monday morning

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