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To: Alexander Pavlov who wrote (4584)	5/21/1998 9:30:00 AM
From: Candle stick	Read Replies (1) \| Respond to of 164684

This is the reason the internet stocks are up this morning...worth noting is that Excite already turned down the merger, and more importantly , I think, is that they were only offered 72 dollars per share, but XCIT stock was as high as 93 less than one month ago.........this sector is more prone to takeunder than takeover............;^) P.S. XCIT is down 3/16 th this morning.......60 dollars

To: Alexander Pavlov who wrote (4584)	5/21/1998 9:30:00 AM
From: marion (Hijacked)	Respond to of 164684

CNBC said all of the internet stocks, including Amazon are being bid higher on Instinet as a result of the non merger of Excite and the fish oil company. Huh? REDWOOD CITY, Calif., May 21 /PRNewswire/ -- Excite, Inc. (Nasdaq: XCIT) today announced it has received an unsolicited letter proposing that Excite negotiate to acquire Zapata Corporation (NYSE: ZAP), a Texas-based company that owns fish oil processing and food service operations. Excite has rejected the proposal outlined in the letter.