Netscape faces uncertain future
- 01 March, 1998 17:06
Again, by the time Information Age hits the streets this month, fresh news of Netscape's fate will hopefully have been clarified. Before press time however, rumours that Netscape is negotiating to sell part or all of itself continued to lift the company's stock last month, but the chatter has customers wondering about the future of their Netscape products.
What began as Wall Street rumours earlier last month have amounted to more than just hot air. Netscape's stock, which had been trading at $US15 per share, quickly bounced to $US21 per share. Word on the street was that Sun, IBM, and Oracle are interested in buying Netscape.