Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (10986)	12/23/1997 11:00:00 AM
From: Moonray	Read Replies (1) \| Respond to of 22053

AOL says holiday shopping surges December 23, 1997, 4:40 a.m. PT The number of retail transactions recorded by America Online (AOL) in the two weeks after Thanksgiving Day doubled compared with the same two-week period last year, the Internet service provider said. In a media statement, AOL said it counted twice as many online shopping orders as in the year-earlier period. AOL attributed the overall increase in holiday sales to a surge of new online shoppers and to increasingly sophisticated use of the electronic medium by its merchant partners to target specific shoppers. In particular, AOL said consumer demand was growing for time-saving offerings, such as its Last-Minute Gift Shop. "Our members are showing they're ready and willing to capitalize on the convenience and time savings of buying anything and everything online, from postcards under a dollar to $3,500 treadmills," AOL Networks President Bob Pittman said. AOL has 114 merchant partners that offer their wares from "storefronts" set up on its online shopping channel. AOL stock climbed 5-1/8 points on Monday, ending the day at 89-7/8. o~~~ O