OneMain.com (ONEM) Message Board

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Technology Stocks : OneMain.com (ONEM)

ONEM 16.47

0.0%

Feb 22 4:00 PM EST

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To: lebo who wrote (492)	7/1/1999 1:38:00 PM
From: Glenn Petersen	Read Replies (1) of 614

>> What I like about AOL is that it costs them nothing to add one more customer<< You have a short memory. Actually, AOL has gotten where they are because they perfected the model for the acquisition of Internet customers. Remember the diskettes and the accounting issues? The process remains expensive. For the quarter ending March 31, 1999, AOL spent $218.0 MM, 25.08% of its subscription revenues, on marketing activities. biz.yahoo.com You are correct when you observe that the ONEM model is neither unique nor difficult to duplicate. BIZZ is a ONEM clone and others will follow. ONEM has had the advantage of having been first to market and they appear to have picked off some of the premier regional ISPs. Regardless, comparing AOL and ONEM is sort of a apples to oranges type comparison. Different business models. Both provide trading opportunities. This morning I closed out a two week AOL position for a 15 point gain. Regards.

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