SI
SI
discoversearch

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 : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Mike M who wrote (16852)9/11/1998 9:12:00 AM
From: Glenn D. Rudolph  Respond to of 164684
 
America Online says "well prepared" for Starr hits

Reuters Story - September 10, 1998 23:01
%BUS %ENT %US AOL V%REUTER P%RTR

NEW YORK, Sept 10 (Reuters) - America Online Inc ., the world's no. 1 online service, said Thursday it is well prepared for a barrage of online inquiries or "hits" from customers eager to get a first glimpse of independent counsel Kenneth Starr's report on possible impeachment charges against President Clinton. The Dulles, Va. company plans to obtain a copy of the report as soon as it is released by the U.S. Congress. AOL will then "cache," or copy the report onto servers to allow multiple, simultaneous hits. "We feel as if we're well prepared for it," AOL spokeswoman Tricia Primrose said in an interview. "The American public will be be able to read the report at the same time as the media and members of Congress." The U.S. House of Representatives Rules Committee on Thursday approved the release on the Internet of Starr's 445-page report on the White House sex-and perjury-scandal. The resolution provides for the immediate release, if approved by the full House!
, of the report produced by Starr on Clinton's relationship with former White House intern Monica Lewinsky. In the recent past, events like the death of Princess Diana have driven millions of Americans onto the Internet in search of breaking news. With 13 million members, the Dulles Va. company uses football fields worth of computer equipment and servers to handle its share of 40 percent of web traffic from U.S. homes



To: Mike M who wrote (16852)9/11/1998 12:08:00 PM
From: Rob S.  Read Replies (1) | Respond to of 164684
 
At the time I posted that I didn't expect the Monica/Clinton love fest to kick in until the middle of next week. I agree that more downside is likely but that the techs will be helped out by recent earnings improvement and market conditions announcements. Of course, Amazongonenuts.com is NOT a high-tech company - it's little more than a low-margin retailer.