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

To: H James Morris who wrote (9626)	4/23/1998 8:27:00 AM
From: Sam	Respond to of 13594

From the wire... Realtor.com today agreed to spend $14 million to become the exclusive real estate listing service for America Online, hoping the online service's 12 million member subscriber base and popular Web site will result in a hefty revenue return. Under the terms of the deal, AOL will receive the $14 million payment over the 40-month period of the agreement. It also will receive a percentage of all advertising and transaction revenues. In exchange, Realtor.com will become the exclusive real estate listing service on the AOL proprietary network's Real Estate Center, on the company's Web site, and within its local guide Digital City. S.