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To: Rascal who wrote (24030)6/25/1999 2:17:00 PM
From: Joe S Pack  Read Replies (1) | Respond to of 41369
 
Rascal:
It is amazing that these guys report false or unsubstantiated
stuffs and then
they get away with it under the cloak of First Amendment BS.
Image if an average Joe writes such a thing on say SI, SEC may come after him but not against these slimy characters.

God bless America.

-Nat



To: Rascal who wrote (24030)6/25/1999 2:36:00 PM
From: Ed Forrest  Read Replies (5) | Respond to of 41369
 
>>I never cease to be amazed about the shabby quality of CNBC. It borders on manipulative practices. JMHO Mr. Rascal<<

CNBS is a disgrace to journalism.Sorry,should't mention CNBS and real journalism in the same sentence.
Ed



To: Rascal who wrote (24030)6/25/1999 3:19:00 PM
From: Mick Mørmøny  Read Replies (2) | Respond to of 41369
 
Folks, here's more news. See Blodget's comment that's highlighted near the middle of the page.

AOL nears deal with PC maker
Net bull says AOL may not beat earnings expectations

By Bambi Francisco, CBS MarketWatch
Last Update: 2:17 PM ET Jun 25, 1999 NewsWatch

NEW YORK (CBS.MW) -- America Online is in preliminary talks to put its Internet services on non-PC appliances by partnering with Microworkz Computer to make AOL-branded Web-access devices, sources confirmed Friday.

The Dulles, Va. company wants a deal with Microworkz, an OEM, or original equipment manufacturer, to produce an AOL branded Net access device that "will be given away" or made available at a nominal cost, according to Henry Blodget, an Internet analyst at Merrill Lynch.

Shares of AOL (AOL: news, msgs) slipped 3 7/8 to 102 7/8, shedding earlier gains.

Microworkz Computer makes a line of inexpensive PCs, including a sub-$200 personal computer called iToaster.

America Online is pushing an "AOL Anywhere" strategy to get its services on mobile gizmos. Earlier this week, it unveiled plans to offer AOL services on Palm Pilots. See related story.

AOL is also challenged by the free European Internet access phenom and the trend to bundle Internet access with other services.

"With the proliferation of such alternative Internet access models," said Blodget in a note to clients, "we are somewhat concerned with AOL's ability to excessively beat analyst's earning estimates, as they have done in quarters past."

Blodget goes on to say that his talks with AOL management leads him to believe the Internet media giant will be making "strategic moves."

AOL's deal with Microworkz will enable AOL to benefit from access revenues, said Blodget. The deal also allows AOL to "effectively penetrate the new user market," said David Levy, ING Baring Furman Selz.

The Microworkz desktop computers run on a non-Windows operating system, which could have significant implications in the Microsoft Corp. antitrust trial in Washington. See related story.

Microworkz introduced its $199 PC at the 17th annual PC Expo in Manhattan this week where AOL's Chief Technology Officer Marc Andreessen gave the opening keynote speech.. See Tornado apps story

An ISP play?

Earlier this week, shares of Internet service provider Juno Online Services (JWEB: news, msgs) surged amid speculation about a merger between the tiny Manhattan-based ISP and AOL.

"Juno, through its free e-mail offering, has a product that captures users who are not quite ready for the full Web experience," said James Preissler, an Internet analyst at PaineWebber, who believes a deal makes sense.

cbs.marketwatch.com