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Technology Stocks : Infonautic's In2000: Low Cost Year 2000 Coversion

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To: LPasko who wrote (20)3/23/1998 4:27:00 PM
From: Skip Leonardis  Read Replies (1) of 206
 
Not sure why INFO was up so much...the way I read the PR is that INFO is paying AOL. Someone please explain what's going on - future revenues being priced in?

From the PR:
"Under the two-year agreement, Infonautics will pay AOL $4 million over the term of the agreement and AOL will receive a share of revenues from the AOL-based Electric Library services."
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