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To: Libbyt who wrote (75334)8/24/1999 6:29:00 PM
From: Radim Parchansky  Respond to of 164684
 
Online retail sales are expected to reach $10 billion during the Christmas shopping season, accounting for half the projected $20 billion in Internet sales for the year, Forrester Research Inc. analyst David Cooperstein said

quote.bloomberg.com



To: Libbyt who wrote (75334)8/24/1999 7:03:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 


Message #75338 from Libbyt at Aug 24 1999 6:23PM

<OT> Real estate brokers...

> I think real estate is one industry that people feel cheated by....and real estate agents still get 6%, which is way too
much on a 500K house when the mkt is red hot.<

Most people are "clueless" when it comes to what is involved with buying/selling real estate. A good broker can save you
thousands of dollars in potential hidden costs, or "hassles" in accepting a contract that has too many possible problems.
You get what you pay fo


Libbyt,

Are you trying to say one should pay for the service provided? I agree as I just posted.

It is my opinion that Cardio Vascular Surgeons are way overpayed. Some people can't avoid using them. Just thought I would throw that in;-)

Glenn



To: Libbyt who wrote (75334)8/24/1999 7:49:00 PM
From: trouthead  Read Replies (2) | Respond to of 164684
 
I am going to pay $15,000 in agents fees. This is inflating the cost of my house. I could easily pay a lawyer a 3rd of that and protect myself better than any agent. The escrow company takes care of dotting all the i's and crossing all the t's and the loan comapny is going to make sure the house is worth the money and that the buyers can afford it. What exactly do the agents do to justify $15,000? I have to work for 3 months 8 hours a day to make that much.

jb



To: Libbyt who wrote (75334)8/25/1999 8:16:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
ANALYSIS-New AOL service to shake up UK Internet
By Richard Meares
LONDON, Aug 25 (Reuters) - AOL Europe's launch of a free
Internet service provider is the biggest challenge yet to
Freeserve FRE.L, analysts said on Wednesday, but Britain's Web
wonder said it was unfazed.
"We welcome competition in a marketplace that has expanded
enormously since we started less than a year ago. Imitation is
the sincerest form of flattery," a Freeserve spokeswoman said.
Launched in September, Britain's pioneering free Internet
service provider (ISP) rapidly overtook AOL Europe as the market
leader in Britain and now has 1.3 million active users, but on
Tuesday, AOL hit back with what analysts said was a hefty punch.
It launched its own free service, Netscape Online, aimed at
Internet-savvy users, saying it was sure existing subscribers
would be happy to keep paying the monthly $16 fee for extra
services, such as parental control, and more technical support.
The aim is clearly to hit back at Freeserve, which was
valued at some 1.5 billion pounds ($2.4 billion) when its
parent, electrical retailer Dixons Plc DXNS.L, floated off a
fifth of it in Britain's biggest Internet-linked share offering
in July.
Freeserve shares were little changed at 201.5p on Wednesday,
up from their issue price of 150p but below highs of 247.5p hit
in the aftermath of the flotation.
"Netscape is the first strong competitor to Freeserve and
one they need to take very seriously," said Anthony Miller, an
analyst at UK IT research company, Richard Holway Ltd.
"Freeserve has the first-mover advantage but this is really
a transitory benefit in the free ISP market."
He said he was watching how the market would value Freeserve
once Netscape Online, a joint venture of America Online AOL.N
and Germany's Bertelsmann BTGGga.F, was up and running.
AOL Europe, with a million users, has said it felt compelled
to join in Britain's stampede to provide no-subscription ISPs,
but remained sceptical about their long-term viability.
Free ISPs make money -- or rather cushion their losses --
mainly from a share of telephone revenue and from advertising
and e-commerce. Calls in Britain are charged by length and not
as a flat rate per connection.
Since Freeserve launched, some 200 others have jumped on the
bandwagon, most of them new but some former subscription servers
who dropped their charges.
One major contender is CurrantBun.com, provided by Rupert
Murdoch's NCP.AX best selling Sun newspaper, which has one
third of a million users and aims to be in the top three ISPs.
Analysts said there was a place for smaller niche providers
-- such as those run by banks for customers or by popular
football clubs -- but that competition amongst 'generic' free
ISPs would separate the wheat from the chaff.
"Freeserve faces a challenge. They must go out and use the
capital they have raised to buy in content to win customer
loyalty -- there is very little of it around," said one London
IT analyst.
Freeserve, which is to offer online foreign exchange and
share dealing, said it had the best UK content on the Web.
While AOL Europe hopes Netscape Online will attack
Freeserve, analysts said it was fanciful to think it would not
also gnaw away at its own subscription-paying customers, though
inertia and the extra services would prevent many leaving.
Some research has shown scant new-user take-up for
subscription services, but AOL -- which aims its AOL and
Compuserve brands for families and professionals respectively --
said it had gained around 300,000 new users in the last year.
A spokeswoman said this was slower growth than prior to the
arrival of the free ISPs, "but still pretty healthy."
"AOL is making the right move. If they are going to bleed
subscribers to a free ISP, as I am sure is already happening,
they might as well bleed them to their own," said Miller.


($1=.6301 Pound)
REUTERS
Rtr 07:38 08-25-99