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Tech Industry

Short Take: Netscape ducks out of conference

Netscape canceled its appearance at the upcoming Goldman Sachs investment conference, and its stock gained 6 percent. A spokeswoman said the Internet software firm canceled weeks ago and noted it had participated in a number of shows in the past two months. "We didn't have any news," she added. The stock started climbing after it was rumored last week that the company was in talks with potential suitors.

Netscape canceled its appearance at the upcoming Goldman Sachs investment conference, and its stock gained 6 percent. A spokeswoman said the Internet software firm canceled weeks ago and noted it had participated in a number of shows in the past two months. "We didn't have any news," she added. The stock started climbing after it was rumored last week that the company was in talks with potential suitors.