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Technology Stocks : WavePhore (WAVO)- VBI fed WaveTop for WebTV -- Ignore unavailable to you. Want to Upgrade?

To: David Gardiner who wrote (770)	11/15/1997 4:08:00 PM
From: David Gardiner	Read Replies (1) \| Respond to of 2843

Online Subscriptions Grow 5.3% to Reach 25.3M in 3Q (Simba/Electronic Information Report) America Online's 9.3% jump in subscribers helped boost online subscriptions to 25.3 million for the third quarter ended Sept. 30, a 5.6% increase over 23.9 million from second-quarter 1997 ended June 30, according to EIR's quarterly online subscriber survey. The 53 companies/providers surveyed represented more than 90 online services, and the group cumulatively reported an aggregate 1.3 million net new subscribers, 79% of which were in the consumer segment. Among the five largest consumer Internet service providers, only three -- America Online, AT&T WorldNet and Prodigy -- gained subscribers. CompuServe recorded a .6% decrease, to 5.34 million subscribers, down from 5.37 million subscribers. EIR estimates the Microsoft Network remained flat at 2.3 million subscribers, while America Online increased subscribers 9.3% to 9.4 million from 8.6 million at second-quarter 1997. AT&T WorldNet increased subscribers 7.8% to 970,000 from 900,000 in second quarter 1997. Prodigy subscriptions jumped 6.5%, to 1.1 million subscribers from 1 million, a net gain of 65,000 subscribers. The gain came as a result of Prodigy doubling its advertising, marketing and promotion budget to $100 million, according to Barry Kluger, senior VP of communications. In early October, Prodigy launched a national television campaign that will run through December 1998. Consumer services that lost subscribers include Delphi and the Fort Worth Star-Telegram. Delphi president Dan Bruns noted that the company's base of paying subscribers to its text-based proprietary online service has steadily declined as the company has moved to an ad-supported model. During the third quarter, the Fort Worth Star-Telegram changed its online service from a service provided free to its newspaper subscribers to a subscription-based service. WavePhore's Newscast Today service had the second largest growth rate, achieving a 52.9% increase to 158,000 subscribers from 103,332 at the end of second-quarter 1997. WavePhore added a net 55,000 users from 14 corporations. Southam Electronic Publishing increased InfoMart subscriptions 24.5%, to 4,980 from 4,000 in second-quarter 1997 due to an aggressive advertising campaign. Of the 13 consumer companies/providers surveyed, eight gained subscribers, three lost subscribers and two experienced flat growth. Reality Online, which operates Reuters Money Network and Moneynet.com services, had the largest percentage gain, reaching 201,100 subscribers during the third quarter, a 54.5% increase over 130,200 subscribers in the second quarter. During the third quarter, the company grew its Web site licensing contracts to 45 from 20, according to Carol Mackin, Reality Online director of marketing. Telescan Inc. and Dow Jones Interactive Publishing's Wall Street Journal Interactive also reported double-digit gains. Telescan increased its subscribership 25.5% to 345,000 from 275,000 in second-quarter 1997. Telescan attributed the gain to growth in its Wall Street City online service and increased exposure of its services through its partners Netcom and American Express. The Wall Street Journal Interactive increased its subscribers 23%, to 150,000 from 122,000 in second-quarter 1997. Aggressive sales and marketing efforts started in the third quarter helped boost PC Quote subscriptions 27.2% to 10,300 from 8,100 in the second quarter. Bloomberg subscriptions increased 5.5% to 84,390.

To: David Gardiner who wrote (770)	11/18/1997 10:08:00 PM
From: Joe Valente	Read Replies (1) \| Respond to of 2843

Hi David, Another mistake, I believe is that " their VBI transmissions are more than four times that of a 28.8 kbs modem ". But if you recall, they said that Intel and Microsoft have invested or partnered with at least 150 start-ups. Wavephore was one of only 5 chosen for for their article. Also, of these five, only Wavephore has a partner- ship with both companies. Very impressive huh? Let's hope the institutional investors are subscribers to II. Go WAVO