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To: Danny who wrote (84679)11/19/1999 9:54:00 PM
From: FESHBACH_DISCIPLE  Read Replies (2) | Respond to of 164684
 
pathfinder.com

Enjoy oblivion



To: Danny who wrote (84679)11/20/1999 11:01:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
Bertelsmann sweetens European e-commerce platform
(adds news conference)
BERLIN, Nov 19 (Reuters) - German media giant Bertelsmann AG
<BTGGga.F> said on Friday it had beefed up its European
electronic commerce platform BOL with compact disc sales, free
downloads of popular music tracks and an online radio station.
The added features, timed to cash in on the lucrative
holiday shopping season, are the next step in the group's
aggressive campaign to take on rivals like market leader
Amazon.com Inc <AMZN.O>.
Amazon.com started selling music on its German and British
websites last month.
BOL said that it had introduced music sales in the
Netherlands and Germany, accompanied by free music single
downloads from Whitney Houston, Kenny G., Grateful Dead and
Garbage, which can be saved on hard disks for a limited time.
The feature has the added bonus for the company of promoting
three artists who are backed by Bertelsmann music labels or
labels with which the group cooperates.
A BOL spokesman said that the company would expand music
sales to its British and French sites in the next two to three
weeks and to Switzerland and Spain in spring 2000.
The site also features BOL Radio, which allows Internet
shoppers to listen to a Bertelsmann radio programme and order
music they hear featured.
Klaus Eierhoff, head of Bertelsmann's multimedia activities,
said that BOL would launch home video sales early next year but
said the group would stop short of creating an all-purpose
shopping site.
"We are not planning on creating a department store (out of
BOL)," Eierhoff said. "We will remain a media shop."
Amazon.com expanded into new markets this month by launching
online "stores" for home improvement, software, video games and
gift ideas and in September came out with zShops linking
consumers to a broad array of online merchants.
Bertelsmann is active in the U.S. e-commerce market with a
40 percent stake in Barnesandnoble.com <BNBN.O>. BOL, its wholly
owned European platform, now has sites based in six countries.
Eierhoff said that that BOL will expand to Japan, South
Korea, China and Latin America by the end of 2000.
BOL Managing Director Heinz Wermelinger told the news
conference that the company had surpassed the development
forecasts set at its launch in February with growth of 15 to 20
percent per month.
Wermelinger said that BOL now sells up to 6,000 books daily,
about 3,000 of which in Germany. The company forecast 45 million
marks in turnover for 1999.

REUTERS
Rtr 12:26 11-19-99



To: Danny who wrote (84679)11/21/1999 1:30:00 PM
From: Robert Rose  Read Replies (2) | Respond to of 164684
 
Danny, when court cases spark investor interest in a stock, that's a big red flag for me. Of course, msft has a whole lot more going for it as an investment. So I would suggest that LT, this recent unpleasantness <g> may be nothing more than a slight stain on a largely stellar record.

Disclaimer: Neither long, short or particularly interested in the stock. (BORING..... <g>)