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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: gridiron 99 who wrote (21853)	4/29/1999 10:05:00 PM
From: Maverick	Respond to of 74651

A Netscape executive testified Wednesday his company wondered at one point if AMERICA ONLINE INC's fear of MICROSOFT CORP might scuttle AOL's plans to purchase Netscape. But Peter Currie, CFO of what is now the Netscape unit of AOL, said in his out-of-court deposition for the Microsoft antitrust trial that the deal finally went through at a value of $10 bln. "We did wonder if AOL would by acquiring Netscape secure the animus of Microsoft," Currie said in answer to questions from a Microsoft lawyer. Currie said that AOL's fears became Netscape's concern because his company believed that if "AOL got weak-kneed or cold feet this deal would vanish." (Reuters 07:38 PM ET 04/28/99)