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To: Kurthend who wrote (6543)	6/24/1999 11:44:00 AM
From: Mark Oliver	Read Replies (1) \| Respond to of 10081

Kurt, Looks like Excite is loosing some position with AOL. Mark news.com Netscape unveils new search engine By Bloomberg News Special to CNET News.com June 23, 1999, 11:45 p.m. PT America Online's Netscape unit introduced its own search engine for finding information on the Web, based on its software and technology from closely held Google. The Netscape search engine replaces a previous offering called Netscape Search powered by Excite. That agreement ended after Netscape was acquired by America Online, the world's largest online service, and Excite was purchased by AOL rival @Home this year. Mountain View, California-based Netscape developed a new search engine based on its open directory software and closely held Google's search technology. The site's goal is to provide more useful search results. "Netscape Search is one part of AOL's ongoing efforts to make the Internet easier to navigate,'' said David Beckwith, senior director of search and directory for Netscape. "'The design offers consumers the most relevant results they want when they're navigating the Net." Analyst Rob Enderle of Giga Information Group hailed Netscape's announcement as a win for consumers because, he said, users will always benefit from better technology. Copyright 1999, Bloomberg L.P. All Rights Reserved.

To: Kurthend who wrote (6543)	6/24/1999 11:47:00 AM
From: Mark Oliver	Respond to of 10081

AOL Sees Future In Palms By Shu Shin Luh Washington Post Staff Writer Wednesday, June 23, 1999; Page E01 Starting late this summer, America Online subscribers will be able to send and receive e-mail on Palm computers, the portable devices now used by more than 4 million people, making the country's largest online service accessible to hand-held devices for the first time, AOL announced yesterday. Owners of older Palms without wireless features will be able to hook their units to telephone lines to send and receive. People who use the newly released wireless Palm VII will be able to get their e-mail, as well as a stripped-down version of AOL's content service, over the air. With the move, America Online edged forward one more step toward securing its 17 million-person-strong customer base and turning up the competitive pressure in the Internet industry. The deal is a large piece of the online service's "AOL Anywhere" strategy of allowing subscribers to link to the service "no matter where they are," AOL spokesman Tom Zimba said. To make the service possible, AOL has entered into a strategic alliance with 3Com, the California company that makes the Palms. The units can store addresses, phone numbers and calendars and can process messages handwritten on their screens with a stylus. How many people would use the service is unclear, although AOL officials said there is a "strong overlap" between Palm users and AOL subscribers. AOL executives said they hope this deal will attract Palm users who aren't AOL subscribers. Analysts agreed that is likely. AOL shares, which have fallen from a peak of $167.50, dropped $5.87 1/2 yesterday to close at $109.50. 3Com stock rose by 56 1/4 cents, closing at $31.50. For the most part, analysts called this a smart move for AOL and speculated that more announcements will come as the company drives its "AOL Anywhere" strategy into full gear. Other Internet providers are expected to follow suit. "This industry is characterized by competitive pressure; people are constantly throwing . . . knuckleballs," said Ulric Weil,an analyst at investment bank Friedman, Billings, Ramsey Group Inc. in Virginia. "AOL seems to be accelerating its competitive pressure." On Monday, AOL announced that it will invest $1.5 billion in General Motors Corp.'s Hughes Electronics Corp., one of AOL's allies in bringing Internet access to satellite-connected television sets, another part of the "AOL Anywhere" plan. Hughes and AOL will jointly develop a television set-top receiver to sell consumers Hughes's DirecTV and AOL TV, which is not yet being marketed, starting early next year. But Weil cautioned that while the recent agreements with Hughes and now 3Com could alleviate pressure from Internet service providers such as AT&T's At Home network, they cannot be a substitute for broad-band cable-modem service. These new agreements, however, will give AOL leverage to persuade AT&T to give the company access to its cable-modem service, Weil said. © 1999 The Washington Post Company washingtonpost.com