Word: spyglass
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...assistant pro at Spyglass Hill Golf Course says Denver turned his friends down for another round of golf, saying he had a new plane and wanted to practice his takeoffs and landings...
Marc Andreessen might be surprised to hear it, but Doug Colbeth thinks the people over at Netscape are "very much Hollywood personalities." Colbeth is the president and ceo of Spyglass Inc., which directly competes with Netscape. Spyglass is not based in lush, sun-tinged California, but rather in Naperville, Illinois. Last June, when the company went public, management celebrated by taking the 54 employees to a minor-league baseball game (tickets: $2 apiece). "We're blue-collar high tech," Colbeth says...
...Spyglass and Netscape are cousins. The Illinois company controls the original patents for Mosaic, the Internet browser program that Andreessen helped write. Mosaic was licensed to Spyglass by the University of Illinois in 1994. Before that, the company was struggling as it tried to develop three-dimensional visualization software for scientists (the same kind of work that Andreessen was supposed to be doing as he wrote Mosaic). Government grants dried up, and so did Spyglass's business. Colbeth and his wife Margey went through $100,000 in savings to keep the company going. "There's a lot of bad memories...
Investors are increasingly keen to buy into Internet-related companies, but have had few opportunities. Four such companies have gone public: Internet-access providers Netcom On-line Communications Services, Performance Systems International and UUNet Technologies; and another Web-browser maker, Spyglass. All are performing extremely well because the Internet is regarded as the next stage of the information revolution. Now that computers are being linked around the globe, techno-happy investors are trying to stay ahead of that curve and find the next big company. Netscape, says Lise Buyer, technology analyst at T. Rowe Price, "has the potential...
...change their company's name from Mosaic Communications Corp. to Netscape Communications Corp. The organization's founders were among the people at the University of Illinois who wrote Mosaic, a similar program distributed without charge that is used to browse the Net's World Wide Web. Conflict arose when Spyglass, a third group that wrote similar software named Spyglass Mosaic, licensed the name "Mosaic." TIME technology writer Philip Elmer-Dewitt guesses that, "Maybe this is the resolution," of the question of rights, but he also points out that in addition to the name there are two other issues...