Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : Netscape -- Giant Killer or Flash in the Pan? -- Ignore unavailable to you. Want to Upgrade?

To: TLindt who wrote (2381)	2/8/1998 3:10:00 PM
From: George Bielski	Read Replies (1) \| Respond to of 4903

12:00PM Sunday...Latest news from NSCP... NEW YORK, Feb 8 (Reuters) - Internet pioneer Netscape Communications Corp's chief executive, James Barksdale, is urging employees to stay focused on their jobs amid takeover speculation. Barksdale Thursday sent an E-mail message to employees, saying, "These rumors are damaging to us and extremely distracting," the New York Times said in its Sunday edition. Barksdale also spoke to more than 2,000 employees Friday saying, "We have defied the odds before and we can do it again," according to the paper. Netscape's stock jumped last week on speculation Sun Microsystems Inc (NASDAQ:SUNW) or another technology company might buy the company. Netscape in January posted a $115.5 million loss for 1997 and has plans to lay off 400 of its 3,200 workers. Copyright 1998, Reuters News Service ************************** "DEFYING THE ODDS" Doesn't sound like a takeover is imminent.