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Sun takes over Netscape? [CNN]
Forwarded message:
> February 4, 1998: 7:27 p.m. ET
>
> More related sites... NEW YORK (CNNfn) - Shares of Netscape
> Communications Corp. shot up Wednesday amid rumors that the company is
> being eyed as a possible takeover target by Sun Microsystems Inc.
> [INLINE] The takeover scuttlebut drove Netscape (NSCP) stock up 1-1/16
> to 19-1/4 in active trading. The surge capped a four-day trading
> period in which the Internet software company's shares have jumped
> roughly 20 percent from a Friday close of 16-1/16.
> [INLINE] Despite the leap, Netscape stock remains sharply down in
> 1998, having dropped nearly 20 percent in the first 23 trading days of
> the year.
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