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Technology Stocks : Walt Disney

DIS 103.41

+0.1%

Nov 26 3:59 PM EST

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To: J.Y. Wang who wrote (1865)	10/6/1999 6:45:00 AM
From: ISOMAN	of 2222

Disney's Go Network launches online auction site PALO ALTO, Calif., Oct 6 (Reuters) - Go Network, the Internet portal operated by Walt Disney Co. <DIS.N> and Infoseek Corp. <SEEK.O>, on Wednesday will join the growing number of online auction sites with the introduction of Go Network Auction. secure and more fun to use than many existing site. The service will incorporate an automatic backup system to kick in to prevent disruptions if one server crashes. It was also designed with Disney's family-friendly image in mind, requiring sellers to be over 18 before they list a product, and screening text and images for offensive content. Additional features will allow viewers to create their own personal watch list of auctions so they can monitor them before being an active bidder. Andrew Hamel, General Manager of Go Network's Auction Business Unit, said the company built the auction service to expand the base of commerce opportunities consumers can access from its site. Go expects 75 percent of all its users to use the Internet to make purchases, and wants to help them make those purchases without without leaving the Go Network. 846-5400)) REUTERS Rtr 00:01 10-06-99

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