The ONLY WAY AOL can buy NSCP would be the stock-deal(recall WorldCom and MCI deal). Now NSCP knows, just like everyone under the sun, that AOL is really worth about $30 and losing the market ground. NSCP probably wouldn't be sucked in to this.
Then why would IBM want to be partners with AOL in buying NSCP? Partners now and buy them out when its price comes down to earth? IBM would LOVE to have AOL but not at this price. Come to think of it, IBM buying NSCP with AOL might be a bate for AOL..... to keep it away from MSFT, and swallow it later.... This could be an interesting strategy......
This is a post I retrieved in NSCP message board (#2108)
"I heard something from someone I know who works for a major web advertising company in Chicago who has a source at AOL that said they are in a bidding war with IBM for Netscape and that is why the IBM deal is not a done deal. AOL right now is testing a beta version of a new online service and currently is using Internet Explorer but feels they can monopolize the online industry with the aquisition and incorporation of Netscape Navigator and they would likely spinoff the rest of Netscape to those who need it. Don't be surprised to see a joint buyout."
I guess the rumor is out there. But remember my comment on the future browser and MSFT. If they go with the freak stock deal, look for a mojor drop in AOL.