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To: NickSE who wrote (82549)1/6/2000 12:50:00 AM
From: Ken98  Read Replies (1) | Respond to of 86076
 
<<ExciteAtHome to offer free Internet access
REDWOOD CITY, Calif., Jan 6 (Reuters) - ExciteAtHome Corp.(NasdaqNM:ATHM - news) on Thursday will become the latest company to offer free Internet service through a partnership with CMGI Inc's (NasdaqNM:CMGI - news) 1stUp.com Corp.>>

This can't be good news for AOL. Also, a couple of weeks ago we switched from AOL for our home ISP after 6 years. The service had deteriorated to the point where it was worthless (and certainly considering the $22 cost relative to other ISPs). When my wife called to cancel they offered us 3 free months service and $9.99 unlimited service going forward. We still switched and found a very good local ISP that is doing a great job for much less cost.

The point being, this can't be good for all of the analysts that have gazillions of users at $22/mo plugged into their models to justify the $165B market cap.



To: NickSE who wrote (82549)1/6/2000 12:54:00 AM
From: pater tenebrarum  Read Replies (2) | Respond to of 86076
 
LOL! incredible...it goes to show what a deep cultural and social importance the mania has achieved when this type of joke is actually fully understood by everybody...a few years back a similar type of joke could have been made in front of a gathering of brokers or mutual fund managers perhaps, but not during a run-of-the-mill press conference. it is also fascinating that the father of the bubble, said Al.com, is such a popular figure. never before did every American know the name of the Fed chairman...
of course he recognized nothing. he simply allowed the printing presses to do overtime.

hb