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Technology Stocks : OneMain.com (ONEM)
ONEM 16.470.0%Feb 22 4:00 PM EST

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To: Glenn Petersen who wrote (13)3/25/1999 2:33:00 PM
From: CJacks  Read Replies (1) of 614
 
He also mentioned that their turnover rate is very low (about 1.2%). Then he stated that one of ten (I think) customers are referrals by word of mouth. That means no advertising $$ to get them and there is no bounty offered for referrals...meaning they don't give a current customer any free time for referring. Sounds like they have a great strategy to get a strong foothold (already 331,000 subscribers), then they can focus on major market expansion. OneMain will be a serious player. Also, they raised much more than the purchase price of the additional ISP's they are buying, so will have more $$ available for expansion.

Good trading.

CJacks
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