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To: Glenn D. Rudolph who wrote (144943)	8/7/2002 11:40:02 AM
From: H James Morris	Read Replies (2) \| Respond to of 164684

AOL might make a move on you Glenn since they might purchase an online merchant. >>More E-Commerce Analysts are predicting that Miller will bring his e-commerce skills to bear in devising a growth strategy for AOL, particularly as advertising continues its slump and subscriber growth is stagnating. "I anticipate that we will see e-commerce becoming a bigger piece of the puzzle," Charron said. "AOL could either purchase an online merchant or promote e-commerce more prominently as a place where people can go to not only get the product, but also get the lowdown on the product with reviews from the AOL community," he said. Meanwhile, Miller faces another challenge: low staff morale. To help boost morale, managers have been sending out regular e-mails to employees. But the collapse of AOL Time Warner's stock price has stung. The stock fell 5 cents Tuesday to close at $9.90 on the New York Stock Exchange. It has fallen 90% from its record high of $95.81 in December 1999. In the past, many employees could earn more each year by cashing in stock options than they did from their base salary. No more. Today, most of those options are deep underwater, and for the first time in years, many employees are living on their paychecks alone.<< latimes.com