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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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