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Technology Stocks : CMGI What is the latest news on this stock?
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To: Toby Zidle who wrote (18681)12/6/2000 8:01:33 AM
From: John Carragher  Read Replies (1) of 19700
 
No such thing as free Internet access, AltaVista says
Internet search engine AltaVista Co. said it would end its free Internet
access because 1stUp, its affiliate company that had provided the
service, is going out of business. AltaVista, which is owned by CMGI
Inc., had signed up three million customers for the free service, which
provides Internet connection at no cost in exchange for placing a
permanent advertising window on customers' computer screens.
AltaVista's spokesman said that while the free service had helped drive
traffic to its site, it never generated any revenues.
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