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Technology Stocks : LBRT - Liberate -- Ignore unavailable to you. Want to Upgrade?

To: PoetTrader who wrote (125)	2/15/2000 5:22:00 AM
From: Snowshoe	Read Replies (1) \| Respond to of 409

I don't have much detail on AOL/LBRT. Here's a few snippets... AOL previews TV plans news.cnet.com. AOL is the latest to plunge into the market. The company is previewing AOL TV-branded boxes made by Hughes Electronics and Philips Electronics. Inside are processors based around the Intel architecture and software from Liberate Technologies. The Hughes box, for instance, uses an ancient (by PC standards) 166-MHz Pentium processor from Intel, a 4 GB hard disk drive and 32 MB of memory. The services are mostly familiar--email and the ability to browse Web-based material--but AOL is also adding its instant messaging technology as well as the ability to search through DirecTVs program guide automatically to flag programs matching a customer's interests. Representatives at the trade show did not elaborate on pricing. The systems are expected to be on the market sometime this quarter. AOL may flip the switch for Net TV news.cnet.com. "AOL has 20 million subscribers that they can take to other devices, with one critical category being TV," said Dave Limp, senior vice president of corporate development at Liberate, which provides software for interactive television. Assuming the transaction closes, the new AOL Time Warner entity would have an equity stake in Liberate amounting to almost 10 percent of the software provider. In addition, numerous Time Warner media properties could use interactive television to drive online sales of music albums, for instance. Limp thinks there's a potential for the company to eventually add $1 billion a year in revenue through commerce over television. "It's a huge possibility that's sitting a little beneath the radar screen yet," Limp said.