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Strategies & Market Trends : STEAMROLLER'S DAYTRADES -- Ignore unavailable to you. Want to Upgrade?

To: STEAMROLLER who wrote (1453)	11/26/1998 10:45:00 AM
From: STEAMROLLER	Respond to of 1561

NETSCAPE COMMUNICATIONS CORP rpts important event. IFN Smart Edgar News - November 25, 1998 20:28 Excerpted from 8-K filed on 11/25 by NETSCAPE COMMUNICATIONS CORP: NETSCAPE COMMUNICATIONS CORP rpts important event. ITEM 5. OTHER EVENTS. On November 23, 1998, Netscape Communications Corporation ("Netscape") signed a definitive merger agreement with America Online, Inc. ("AOL"). Under the terms of the agreement, all outstanding shares of Netscape common stock will be exchanged for shares of AOL common stock, and options to purchase Netscape common stock will be exchanged for options to purchase AOL common stock and the exercise price and number of shares of Netscape common stock subject to each Netscape option will be appropriately adjusted to reflect such exchange ratio. Each share of Netscape common stock will be exchanged for 0.45 shares of AOL common stock. The transaction will be accounted for as a pooling of interests and will qualify as a tax-free reorganization. Following the transaction, James L. Barksdale, President and CEO of Netscape, will join AOL's Board of Directors. The merger is expected to close in the spring of 1999 subject to various conditions, including clearance under the Hart-Scott-Rodino Act and approval by Netscape's stockholders. Netscape's operations will remain based in Mountain View, California.

To: STEAMROLLER who wrote (1453)	11/26/1998 10:49:00 AM
From: STEAMROLLER	Read Replies (1) \| Respond to of 1561

HAMS BRING HOME THE BACON FOR EGGS PR Newswire - November 26, 1998 09:15 This Little Piggy Went to Market...Via the Internet VANCOUVER, Wash., Nov. 26 /PRNewswire/ -- With apologies to Mother Goose, Egghead.com, Inc. (Nasdaq: EGGS) today announced that its "little piggy went to market" via the Internet when the company combined ham and EGGS for the first time in e-commerce. When first offered, Egghead.com quickly auctioned more than a ton of smoked hams produced by Lazybonesa Inc., a small Brookfield, Wisconsin-based specialty meat supplier that markets spiral-cut holiday hams. Egghead expects to auction more than 2,000 of the hams by Christmas on its Internet auction site at www.egghead.com. The hams are ready to eat when delivered. Egghead vice president and chief of merchandising, Jim Kalasky said, "These sales are 'no pig in a poke!' Selling ham is bringing home the bacon for EGGS." Lazybones(TM) president, Joe Kleiser said he expects Internet sales to allow his company to grow rapidly. "Selling our hams over the Internet is the most exciting thing to happen to Lazybonesa since the day we opened our business," Kleiser said. Until now, Lazybones'(TM) annual production of 22,000 hams has been sold exclusively through two company stores in Brookfield and Whitefish Bay, Wisconsin, and through a small number of upscale specialty stores. "When we watched our hams come up for sale on the computer screen for the first time, it was like watching our company go public," Kleiser added. "The Internet allows us to sell our rural Wisconsin hams nationwide." Egghead.com is the first national retailer to close its chain of stores and move its business to the Internet. It is among the top 10 Internet retailers according to Media Metrix. "Our menu goes well beyond ham and EGGS," Kalasky said. "We provide wholesalers and manufacturers simple and direct access to the 20 million businesses and consumers who visit our sites each quarter." "We're pigging out," CEO George Orban concluded.