SEVL folks!
Thursday March 4, 9:45 pm Eastern Time
7th Street.com to enter pact with AOL-BusinessWeek
NEW YORK, March 4 (Reuters) - 7thStreet.com (Nasdaq:SEVL - news) is planning to announce a pact with America Online Inc. (NYSE:AOL - news), BusinessWeek said in its Inside Wall Street column in the March 15 issue.
7thStreet's Tutorials.com will become an ''anchor tenant'' in AOL's Computing and Workplace Channels, the article said.
Officials at 7thStreet and AOL were not available to comment on the article.
7thStreet shares closed near its 52-week low at 2-3/4, unchanged, in Nasdaq Stock Market trade Thursday. The stock's 52-week high is 12-5/8, and 52-week low is 1-1/4.
It will offer AOL users more than 200 courses on business applications including Microsoft Office 95, as well as programming, networking and Web use, the article said.
In addition, the article said that other major Net and technology companies are due to sign pacts with 7thStreet, including a blue-chip tech giant, a leading computer maker, and several Net service providers.
Happy trading everyone!!
JR |