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Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC)

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To: esecurities(tm) who wrote (2856)	12/1/1998 11:40:00 PM
From: esecurities(tm)	Read Replies (2) of 4231

Intel acquires [Online Merchant competitor] iCat. Intel acquires e-commerce developer Intel Corp. said it has agreed to acquire iCat Corp., a developer of e-commerce software. iCat is privately held and has been the subject of speculation about its future. Last week, a company spokesman denied staff layoffs had occurred. Seattle-based iCat provides e-commerce software and services which aid in the creation of Web-based storefronts that include secure transaction processing capabilities. A spokesman for Intel cbs.marketwatch.com E=htx/http2_mw called the purchase of iCat "consistent with our efforts to explore new business opportunities over the past few years." Terms of the deal were not disclosed. source: InfoBeat Inc Finance Internet Daily 12/1/98 Intel To Acquire iCat source: biz.yahoo.com Intel Pays Cash For iCat source; &copy 1998 c\|net news.com ...Online Merchant may just be worth a considerable amount given Intel's acquisition of iCat [in the event/assuming] this [online storefront creation software] sector is now in play?...

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