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


To: Gil Gilbertson who wrote (4654)11/23/1998 2:48:00 AM
From: David Cecil  Respond to of 4903
 
NY Times Link : Hope we don't see the effect of Disney's investment in SEEK.

America Online is expected pay little, if any, premium over Netscape's stock price on Friday, executives close to the deal said, since Netscape shares have more than doubled in the last month.

In the last week alone, Netscape's stock has jumped about $12, or nearly 45 percent, following reports that it was discussing a possible partnership with America Online. The stock closed Friday at $39.1875, up $2.625. America Online's shares gained $1.50 Friday, closing at $84.875.

nytimes.com