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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 243.08-2.9%Nov 6 3:59 PM EST

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To: GST who wrote (64992)6/28/1999 2:46:00 AM
From: H James Morris  Read Replies (1) of 164684
 
>>LONDON, June 28 (Reuters) - AOL Europe, a venture of America Online Inc <AOL.N> and German media group Bertelsmann AG <BTGGga.F>, will launch a free Internet access service in Britain in August, the Times newspaper reported on Monday.

It said the new service, to be called Netscape Online, was also expected to include free technical support.

AOL Europe said last week it was considering offering free Internet access in Britain, where the company has lost its lead to Freeserve, a service with no monthly fee launched by electronics retailer Dixons Group Plc <DXNS.L>.

The company's plans emerged from an interview with chief executive Andreas Schmidt in Germany's Der Spiegel magazine, the Times said.

It also quoted Bertelsmann chairman Thomas Middelhoff as saying in a separate interview that an eventual flotation of AOL Europe could not be ruled out.<<

21:52 06-27-99
This is what I can't figure out. Why would Bert, an Aol partner, be competing with a Kleiners child, Amazon.com?
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