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Technology Stocks : CUC Int'l- Cybermarketeer?
CD 6.150+15.6%1:44 PM EST

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To: Mark Lijewski who wrote (165)6/26/1997 9:21:00 AM
From: Zoltan!   of 243
 
You're right. I noticed that too, but since I saw Steve Forbes interviewed on "Charlie Rose" the previous night, I know the answer.

The failure is Knight-Ridder, they spent a lot on the Net and got out. Recently, I think Disney unloaded some newspapers on them. Forbes expects the Net will kneecap newspapers by stealing much of their main revenue generator, classifieds.

Forbes stated that the Net is better at classifieds and newspapers will have to learn to live with it.

Regards
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