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Denounce: Netscape Acquires NewHoo! Community Directory Project for $40.05 Billion

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Description: A satirical look at the news, with a large element of fiction. (November 18, 1998)
Denounce Newswire: Netscape Acquires NewHoo! Community Directory Project for $40.05 Billion Netscape Acquires NewHoo! Community Directory Project for $40.05 Billion / -- November 18, 1998 -- Netscape Communications Corporation (Nasdaq: NSCP - news) today announced it acquired the NewHoo! Community Directory Project as a part of its continued, desperate effort to catch up to Yahoo, Excite, Lycos, AOL, and other Internet port-holes. Netscape will immediately mess up the NewHoo! service with crass commercialism in an attempt to mimic the look and feel of other Internet port-holes. The new commercial service, called ``Netscape Open Directory,'' will be the first Internet port-hole to harness the knowledge and creativity of over 4,500 Internet ``volunteer editors'' to empower consumers to find the information they want quickly and easily.
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