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Technology Stocks : America On-Line (AOL)

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To: 10K a day who wrote (41308)	11/19/2002 10:31:13 PM
From: AJ Berger	Read Replies (1) of 41369

AOL to emphasise Auctions soon! reuters.com "The revamped America Online strategy that executives will present to parent AOL Time Warner Inc.'s AOL.N board and then investors calls for less emphasis on advertising and more on programs and e-commerce services, including games and AUCTIONS, industry sources said." "After focusing on advertising in recent years, a mostly new team under Miller has identified programming, broadband and new services as key to maintaining its 35 million worldwide subscriber base and shifting them to high-speed connections." "The new strategy will be one of the main topics discussed at AOL Time Warner's board meeting on THURSDAY and will be unveiled to Wall Street at a long-anticipated Dec. 3 meeting." SCALE OF THREAT TO EBAY: Keep in mind that AOL's 35mil Sub's are worth MORE than ebaY's 50mil members, since way more than half of ebaY's "members" are duplicate accounts. AOL's 35mil subs are actual monthly subscription paying members, each of AOL's 35mil sub's often represent 2 or more users as each sub accounts support 5-ID's each! Also, AOL does not need a payment system, as it already is one!

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