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From Correspondent Steve Young June 12, 1997: 6:58 p.m. ET

Netscape unveils Netcaster - April 15, 1997

Princeton team finds third Netscape bug - May 20, 1996

Netscape NEW YORK (CNNfn) - A serious new flaw that affects all versions of Netscape Communications Corp.'s popular Navigator Internet browser software -- including the final test version of its Communicator Suite released Wednesday -- has been uncovered by a Danish software firm, CNNfn has learned.

The bug was reported by Cabocomm, a software company located about 100 miles west of Copenhagen, Denmark. The bug makes it possible for Web-site operators to read anything stored on the hard drive of a PC logged on to the Web site.