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Technology Stocks : America On-Line (AOL)

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To: RTev who wrote (5036)2/14/1999 12:59:00 AM
From: Lee Martin  Read Replies (2) of 41369
 
Hi RTev,
Just took a peek at the PRGY site. Glad to see that the $9.95 teaser rate is only good for 3 months and then they want you to pay $19.95/mo afterward. That's only $2 less than I'm paying now. Actually I can't remember the last time we had to pay for AOL. My wife has a credit card that earns points toward the monthly bill and believe me she's does her part to do enough shopping so that we may never have to pay. PRGY does offer a $15.95/mo rate if you pay for a year up front. I don't think many people will want to get billed up front and commit to a year long contract when so much is changing with the net.

Heck, I read on PRGY site that they are almost finished upgrading their network to 56k. Whoopi! By the time they are finished AOL will be rolling out ADSL, and if our bill goes to $40/mo I'm confident that my wife will be able spend enough of "OUR" $ so that we will still get it free most of the time. Maybe one day her shopping will pay for our long distance and television service as well. She does nearly all of her shopping in the mall but I bet if AOL offered some kind of incentive, say doubling the points earned if the card was used at an AOL merchant website, she would seriously consider doing more shopping online. For all I know they may already do this. I don't do much shopping myself as my wife does enough for 2 or 3 families. Actually I do need to shop for a digital camera so I can put some of the junk (actually stuff that she HAD to have two years ago but now no longer has room for, so it's sitting in my garage) on EBAY and get rid of it. God help me when she finds out about EBAY!

I guess the bottom line is IMHO $2 is not enough of a difference to get people that are paying for AOL to switch, much less those that are using cards or some other plan? to reduce or eliminate their monthly subscription cost.
Sorry for rambling on... time for bed.
Regards,Lee
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