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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: Ex-INTCfan who wrote (6582)	3/13/1999 2:46:00 PM
From: Sonki	Respond to of 41369

The Justice Department permitted AMERICA ONLINE INC to acquire NETSCAPE COMMUNICATIONS CORP and enter into a strategic alliance with SUN MICROSYSTEMS INC. "The division has decided that it will not challenge the transaction, having concluded that neither the merger nor the alliance violate the antitrust laws," said the Justice Department in a statement. The Microsoft Corp. has said that the deal makes irrelevant its trial on antitrust charges brought by the Justice Department and 19 states. "Obviously, we're pleased and look forward to the Netscape shareholder meeting on the 17th of March," said Jim Whitney, a spokesman for AOL at its headquarters in Dulles, Virginia. A Netscape spokeswoman referred calls to AOL. (Reuters 04:33 PM ET 03/12/99)