“A year after being acquired by America Online and nearly two
years after forming its open-source browser development group,
Netscape Communications has yet to produce its fifth-generation
browser, and it doesn’t expect to release a trial version for
another two months.
Since missing a summer deadline for Communicator 5.0, Netscape
has seen its existing version 4.7 continue to lose market share to
Microsoft’s Internet Explorer browser, whose trial version 5.5 is
expected to be released today on its MSDN site. And studies show
marked migrations to IE among corporate users.”
“Critics say that in falling so far behind Microsoft in
its browser development, Netscape is ceding more of its tenuous
position in the browser market, and that allowing Microsoft to
lock up that market poses a serious threat to both content and
software companies, as well as to consumers.”