You gotta know when to fold ’em: Golden boy Marc Andreessen, co-founder of Netscape Communications, sold 25 percent of his stake in the company last month for more than US$7 million, according to a Federal Filings report. He sold 375,000 Netscape shares at around $20 a pop between 19 and 23 February, leaving him with 1,134,589 shares, and controlling another 10,000-plus shares in trust.
– – –
The haves and have-no-interest: Thirty-six percent of consumers in North America who do not own a personal computer said they have no reason or interest in buying one – no matter how low the cost, according to a Forrester Research study.
The study also showed that 43 percent of North American households currently have a PC, and 50 percent will have one by year-end 1998.
“There is a gaping divide in the population,” Josh Bernoff, a Forrester Research analyst, said. “The main reason the non-owners in that group say is that they don’t need it.” Bernoff said that high-income consumers, with annual salaries of more than $35,000 are nearing the saturation point, with 69 percent already owning a PC.
Reuters contributed to this report.
