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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?

To: J. P. who wrote (9314)	4/4/1998 12:51:00 PM
From: Glenn D. Rudolph	Respond to of 13594

1/5/98 L.A. Times 04:17:00 Los Angeles Times Copyright (c) 1998 Monday, January 5, 1998 HEARD ON THE BEAT: THE CUTTING EDGE / CYBERCULTURE Booked Up Publication Date: Monday January 5, 1998 Page D-6 Los Angeles Times (Home Edition) Copyright 1998 / The Times Mirror Company By KAREN KAPLAN To the list of things that have been redefined by the explosive growth of cyberspace, America Online has added the word "exclusive." Last month, the world's biggest online service announced an "exclusive" deal with BarnesandNoble.com, giving the online subsidiary of the Barnes & Noble book superstore chain "extensive placement and visibility" across AOL's proprietary service in exchange for $40 million over four years. In addition to AOL's Marketplace section--which has featured Barnesand Noble.com since March--the bookseller gets special placement on such AOL sites as Entertainment Asylum and Digital City. That news did not sit well with Amazon.com, the online bookseller that touts itself as "Earth's biggest bookstore." In July, the Seattle company struck its own three-year "exclusive bookseller agreement" with Dulles, Va.- based AOL, giving it sole placement on AOL's Web site and on its NetFind search engine. Two days after AOL announced the Barnes & Noble deal, Amazon.com issued a news release explaining that the deal with BarnesandNoble.com "has no effect on Amazon.com's existing position as an exclusive bookseller on America Online." The release even quoted AOL Networks Chief Executive Bob Pittman as saying that "Amazon.com is and continues to be one of AOL's strongest partners." How can two retailers both be "exclusive"? The sleight of hand evidently comes from AOL's relatively new strategy of seeking a wider audience by maintaining a Web site for all Internet users in addition to its proprietary members-only service. The Web site, at aol.com, carries different, and sparser, material than its $19.95-a-month subscription service. No word yet from New York-based Barnes & Noble on its interpretation of the Amazon.com deal. (END) 04:17 EST January 5, 1998 ---- INDEX REFERENCES ---- COMPANY (TICKER): America Online Inc.; Barnes & Noble Inc. (AOL BKS) MARKET SECTOR: Consumer Cyclical; Consumer Non-Cyclical (CYC NCY) INDUSTRY: Consumer & Household Services; Consumer & Household Products & Services; Information & On-Line Services; Media; Other Specialty Retailers; Publishing; Specialty Retailers (CSV HOU IAS MED OTS PUB RTS) PRODUCT: CONSUMER PRODUCTS; Online & Internet Services; MEDIA; RETAILING (DCP DIT DME DRE) NEWS SUBJECT: General Business Stories; High-Yield Issuers; Joint Ventures; Los Angeles Times; Internet (BZZ HIY JVN LATM NET) REGION: North America; NEW YORK; United States; Eastern U.S.; Southern U.S.; VIRGINIA (NME NY US USE USS VA) 1/5/98 LATIMES 04:17:00 END OF DOCUMENT

To: J. P. who wrote (9314)	4/4/1998 4:02:00 PM
From: Bald Man from Mars	Respond to of 13594

<<The current trend is way to powerful to go against at the moment I think, but some day the worm will turn and I will be ready to pounce on these like a hungry pit bull pounces on a raw T-Bone steak.>> I think a likely scenario would be an initial selloff, investors that miss the rise will get in thinking it is a final opportunity (they are right, but the final opportunity to sell) to buy, then it will make a lower high, after that the decline will be hair raising ... I find it very amazing that any company has the word 'net' associated with their name goes up 20% every day, it seems that the greater fool theory is in full force.