IP: AOL in Talks to Buy Netscape

[Dave Farber <farber () cis upenn edu>]

From: "David L. Gurgel" <dgurgel () energyfor com>
To: "'farber () cis upenn edu'" <farber () cis upenn edu>


A bombshell. Remember when there was talk of Netscape buying AOL. In
response to unsolicited advice from me two years ago to get more
technical, Case's office called me and said "We are not a technology
company." If they complete this, they will have to be.


-----Original Message-----
From: WSJ Interactive Edition Editors
[mailto:newsalrt () LISTSERV DOWJONES COM] 
Sent: Sunday, November 22, 1998 2:40 PM
To: BUSINESS_ALERT () LISTSERV DOWJONES COM
Subject: AOL in Talks to Buy Netscape


__________________________________
BUSINESS ALERT
from The Wall Street Journal Interactive Edition.


November 22, 1998

America Online is in talks to buy Netscape Communications in an
all-stock transaction that may also involve Sun Microsystems, people
familiar with the situation say. Financial terms weren't available, but
any pact is likely to value Netscape at some premium to its current
market capitalization of about $4 billion.

FOR MORE INFORMATION, see:
http://interactive.wsj.com/articles/SB911758618782532500.htm


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_____________________________________________________________________
David Farber         
The Alfred Fitler Moore Professor of Telecommunication Systems
University of Pennsylvania 
Home Page: http://www.cis.upenn.edu/~farber