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Technology Stocks : juno.com (JWEB)----IPO -- Ignore unavailable to you. Want to Upgrade?

To: Lucky888 who wrote (130)	6/24/1999 5:21:00 PM
From: SJS	Read Replies (1) \| Respond to of 510

I doubt you'll be able to short it. It's not marginable yet because it's a new issue and not 30 days old.... Let me know if you can, though. AOL already bought compuserve, and Juno has a growing installed base that ISN'T using AOL. Juno has some pretty innovative easy to use software that caters to first time, really "green" users. AOL's job is to secure more users and revenue. Adding 6 million more mail users and additional paying subscribers could be a attempt to lock up the market. I don't place a whole lot of stock in these rumors, especially this early in the stocks debut, however I think that over the course of this next year, especially if Juno grow, it could be considered. AOL might have already looked at doing their due-diligence when Juno was private. that would have been the time to buy them. Now, after the day traders get done with it....I don't think so. You've got a LCOS and USA networks problem all over again.... Good luck with your short, if you can. Steve

To: Lucky888 who wrote (130)	6/24/1999 5:35:00 PM
From: Frank Perlmutter	Read Replies (2) \| Respond to of 510

Full Story and Reasoning of PaineWebber analyst--- I think this one is going to explode-- watch out on that short-- I'm liking Juno a whole lot! Juno Online's Shares Surge On Rumors AOL Could Be A Suitor PALO ALTO, Calif. -- Shares of Juno Online Services Inc. rose sharply Thursday on what investment columnist Dan Dorfman said is market talk that America Online Inc. is interested in taking over Juno. The stock (JWEB) rose $4.125, or 23%, to close at $22.188 on volume of over 6.4 million. A Juno spokeswoman declined to comment on the acquisition rumors and the company's stock movement. America Online (AOL) wasn't immediately available for comment. Dorfman said in his Streetside column on the JagNotes Web site that Juno's stock is rising because of rumors AOL may buy the online-services company. Juno is best-known for its free, basic electronic-mail service, which has drawn more than 6.8 million subscribers since it was launched in 1996. The company has moved into offering fee-based services as well, including full access to the Internet. The company has a little over 200,000 billable customers currently and sees that number rising to 1.5 million by the end of 2000. AOL has 17 million paying subscribers to its core online service and another two million paying members of its CompuServe unit. PaineWebber Inc. analyst James Preissler said an alliance of Juno and AOL would make sense. "The two companies are targeting the same audience," he said, meaning the mass consumer audience. Juno has been able to attract many first-time Internet users with its free e-mail service, and keep them as it grows also as an Internet service provider. These are attractive attributes to AOL, Preissler said.