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Technology Stocks : Netpliance <NPLI> .com/iopener

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To: Glenn Petersen who wrote (39)	2/28/2001 11:31:07 PM
From: Glenn Petersen	Read Replies (1) of 51

I suspect that there is not a lot of cash involved in this transaction: EarthLink to buy Netpliance's i-opener subscriber base ATLANTA, Feb 28 (Reuters) - Internet service provider EarthLink Inc. <ELNK.O> said on Wednesday it would buy the subscriber base of Netpliance Inc.'s <NPLI.O> i-opener Internet "appliance." The i-opener was one of the first Internet appliances --simplified machines with access to e-mail and some Internet services. Austin, Texas-based Netpliance subsequently left the Internet appliance sector, shifting its focus to high-speed Internet services. I-opener subscribers will still have access to online resources but will be assigned an EarthLink account and e-mail address. The transition is expected to be completed by mid-March, the companies said. No further details on the deal were immediately available. EarthLink stock closed Tuesday at $8-31/32. Its 52-week range is $26 to $4-3/4. Netpliance stock closed at 5/16 Tuesday, more than 98 percent off its 52-week high of $26-1/8 and near a 52-week low of 3/16. 07:47 02-28-01

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