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Technology Stocks : America On-Line (AOL)

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To: Boplicity who wrote (29968)	8/24/1999 11:54:00 AM
From: DOUG H	Read Replies (2) of 41369

G, What is the relationship between these two events? Makes for a confusing picture to me. .................................. 10:01 ET America Online (AOL) 98 15/16 -1/16: German media group Bertelsmann sales 7.2 million shares, or approx. half of its total position in AOL ............................. AOL launches in Britain and warns rivals to beware LONDON, Aug 24 (Reuters) - AOL Europe, the joint venture between America Online Inc (NYSE:AOL - news) and Germany's Bertelsmann AG (quote from Yahoo! UK & Ireland: BTGGga.F), launched its subscription-free Internet service in Britain on Tuesday while warning rivals to beware. Taking on Britain's market leader Freeserve Plc (quote from Yahoo! UK & Ireland: FRE.L) and around 200 smaller Internet competitors, AOL took out full-page advertisements in leading British newspapers for its service, Netscape Online. Under the banner: ''Beware part-time Internet providers...the N is nigh,'' the company hopes to make up lost ground after being wrongfooted when Freeserve began offering Internet access with no monthly free in Britain.

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